Next week sell USDCAD upon retracement

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Have a great weekend guys, for next week I am going to sell USDCAD upon retracement, targeting at the purple line there, coincidence with fibo 423.6. Reason is price had rejected the lower low level with great reversal candle, high chance continuing the big trend which is the downtrend. In previous I had posted that double bottom may formed and right now from candlestick analysis it seems the pattern no longer valid. Cheers~

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