USDCAD: Uptrend Continuation

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Daily Timeframe:
  • Price crosses above HTL and is holding
  • No inside bar formed yet so unlikely to see loss of momentum over the next day


H1 Timeframe:
  • Not idea that price is a bit further away from EMA20
  • Uptrend is indicated by EMA20 being above EMA60 and price being above EMA20
  • The DTL is also not a strong plot so reducing size

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