The local uptrend for USD/CAD continues as the price grew up sharply yesterday. The move was supported by increased volume which only strengthens it is importance. Given all these facts we should consider exceptionally long positions. We can enter the market after a smooth downward correction of the price in order to get a better entry point. A stop loss should be placed 1.2617. A potential of the growth is more than 100 pips.
The bottom line: long positions are in priority.
The bottom line: long positions are in priority.