OANDA:USDCAD   U.S. Dollar / Canadian Dollar

We expect USDCAD to bounce lower on rejection of 1.42278 region on market open. Technical trends have matched with our extended yearly fib levels. If we manage to make a short entry on USDCAD we are looking to take out full position by level 1.40867 which would take us +139 pips for the trade.


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