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Usdcadpa

USDCAD - are sellers hinting towards making new low?As we are on Dollar/Loonie daily chart and as we can see this market has tested the broken range we discussed on 28th of December 2018 (link: ) and on last Friday daily session closing market has made Bearish false break pin bar here with the confluence of long term bearish trend and horizontal resistance level 1.2663. we will be getting in short here. Let's see how market unfolds from here. safe trading!
Short
by HashamARehman
Updated
USDCAD - are bears coming back to claim 1.2460?As we are on Dollar/Loonie daily chart we can see on 27th December NY session closing bears are managed to close below 1.2663. For now we will be sitting on sidelines and observing this market how it reacts in coming weeks. we will be watching for any strength (pull back) near old support or range boundary which was playing since 41 days. safe trading!
by HashamARehman

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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