Trading Pair: USDCAD

Daily Trend:Down

4 Hour Trend:Down

intraday Trend:Down

Weekly Supply and Demand key Zone:


Main Technical Analysis:

 Intraday bias remains bearish for the moment. A break of 1.2795 will resume the rally from 1.2448 to 1.2963 resistance next. However, break of 1.2648 will turn bias back to the downside for 1.2560.

Trade Idea: SELL

Entry price: 1.2692

Stop Loss: 1.2725

TP1: 1.2500-60


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