USD/CAD made new structure highs. This is a simple long trend continuation trade back into structure with a .382 fib retrace correlation. I'm going to wait for price to double bottom or reject the 1.3084-1.3056 level. I would take my target at the 1.272 ext at 1.3240. You could hold part of your position up to the 1.3400 level for a long term play. Good luck trading out there.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.