USDCAD Opportunity to enter LONG

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USDCAD

Pair is extremely oversold, currently hovering above the lower boundary of the channel, which is the support and solid horizontal level, indicator showing divergence.

Targeting upper boundary of the channel at 1.2490.

Stop at 1.2220

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ملاحظة

The main move is unfolding, I am expecting some resistance at 1.24 before UC will test trend resistance line.

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