We already used this pair for some trades last week (see chart below), but from my point of view, it still remains interesting in the short term. From a technical point of view, USDCAD pair is developing something of an impulse structure (12345) on hourly chart, and my idea is to try to take a short position on the last impulsive wave (5) with a first target area around 1.3526.
OUR LAST SETUP (Click & Play on chart below) Note: Updates will follow below.
Trade with care! Like if my analysis is useful. Cheers!
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