FieryTrading

USD/CAD Possible Reversal from Support

Long
OANDA:USDCAD   Dollaro / Dollaro canadese
USD/CAD has entered the area around $1.30, which has been functioning as a strong support area for almost two years now.
Every time over the past two years this area has signalled a short term bullish move. Will the same happen again?

The green marked area is an area of reversal, proven by past reversals. Consider exiting your position there.

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