Potential USDCAD Long Position

FX:USDCAD   U.S. Dollar / Canadian Dollar
Trading the range of the current price action. Price has displayed a higher high so if we see a lower low price may exceed the supply zone marked. The USD and indices are all rising regardless of the negative fundamentals including the nfp last week, so we can expect to see a lot of traps over the next coming weeks with the institutional market manipulation presented. As a result, I would suggest making sure your risk management is strict and followed even more so now.


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