The pair usdcad is playing out in the direction of my bullish bias, price bounces from a double bottom support level, and we currently have a buying pressure. I currently have a buy trade and watching closely for the next line action depending on the market reactions. My general bias for the usdcad pair is bullish, but if bears get stronger, I would stand aside and watch how things play out to determine further line of action.
Disclaimer: What I have shared above is not a financial or investment, it’s for educational purposes only, whatever trading decision you make is at your own risk.
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