USDCAD: Your Trading Plan Explained 🇺🇸🇨🇦

30 May 2023

USDCAD is consolidating on a key level.
The price formed a horizontal trading range on 4H time frame.

Taking into consideration that the current trend is bullish, I would look for buying the pair.
Your confirmation can be a bullish breakout of the upper boundary of the range.

4H candle close above 1.3613 will confirm the violation,
a bullish continuation will be expected to 1.365 level then.


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