USDCAD - Structure Based Reversal Trade

٧ مايو ٢٠٢٣

After a nice bearish breakout throughout the week, we're now looking for some relief on the USDCAD. As price continues to dive down to a previous level of structure support, we'd expect the selling pressure to dry up & the buying pressure to pick up, leading for a nice potential buying opportunity.

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Your Trading Coach - Akil