My technical analysis tells me to buy usd against cad here but it doesn't correlate with setup on eurusd (look at the link below). That's why I can say that one of these pairs should hold up in flat for a while. I think that usdcad will hold up in flat because if we look at the chart, we can see that after signal to buy it didn't go up.
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Comment:
I recommend to put "buy stop" at the level 1.2940. If price touches it then it will mean that setup is worked out.
Trade closed: stop reached
