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U.S. Dollar / Canadian Dollar
Long

USCAD: Rebound in short term?

By TheAnonymousBanker
Updated
The main trend is bearish, but in the short term we cannot rule out some corrective (bullish) structure. That being said USDCAD pair might find support area around 1.3320, from here technical rebound is possible.

Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below
Trade closed: target reached
Target 1 hit
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Trade closed: target reached
TARGET 2 hit 💗
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Trade closed: target reached
TP3 hit 💗

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...still bullish?
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👍
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Like if updates make you happy
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...still bullish
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With the resistance area breakout, the pair successfully triggered another bullish leg reaching 1.3565. The technical structure in play is very clear, and the developing pattern will give us even more new setups to trade in the next sessions. "Like & Comment" if new updates make you happy.

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elliottwaveprojectionElliott WaveelliotwaveanalysisForexforexsignalforexsignalsTrend AnalysisUSDCADWave Analysis
TheAnonymousBanker
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