. There is still a possibility of temporary retracement to suggested resistance line (1.3255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. USDCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 26.
TP1= @ 1.3190
TP2= @ 1.3113
TP3= @ 1.3018
SL: Break Above R2
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