USDCAD - potential buy setup on daily timeframe
as per the chart, we can see that price has been making higher high and higher low = uptrend. there's a potential good buy setup on the fresh daily demand zone = 62% retracement level and Take profit area near the daily supply zone = 38% expansion level. will monitor this pair has price get closer to the zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.