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sharaafatm

USDCAD Long Idea

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
sharaafatm  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns USDCAD Chart patterns Technical Analysis
2
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trendanalysis indicator chartpattern usdcad chartpatterns technicalanalysis
USDCAD is currently on a strong supportive trendline, indicating that bullish movements may soon follow. Bulls can look to go long upon bullish confirmation, with a stop loss below the supportive trendline as an impulsive break below it could see USDCAD falling much lower. Traders should ensure that they wait for a valid entry before opening any positions.

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