From my analysis currently CAD overall is on an uptrend. we should wait and see whether this level able to hold or not. Dont rush to enter because it has a huge rejection after hitting the resistance level. there is quite high probability that this level will not hold from the current bearish pressure. however if it does hold, then it is good to buy at least to retest the resistance one more time.
CADCHFcadchfanalysiscadchfideacadchflongTrend Analysis

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