USDCAD Reversal trade?

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USDCAD Reversal trade?

By Pro Act Traders — Author

Bearish:Currently we are @ 1.3219 in a range and after printing a head and shoulders reversal pattern. We are looking for a continuation initially to the 0.500 Fibo @ 1.3142 and then the bottom of the range @ 1.3000.Watch for the bounce there. The average daily true range (ATR) for the pair currently is 57 pips but its 180-day ATR is 71 pips a day.

Posted to Introduction to Forex Targe… on Aug 05, 2019 — 8:08 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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