USDCAD / 1D

Greetings, fellow traders. Welcome back to another insightful market breakdown.

The USDCAD pair has encountered a setback in its attempt to breach previous lows, followed by a return within the established range. Anticipating further upward momentum, I foresee potential growth in price after a thorough examination of the last Support/Resistance (S/R) level.

My strategy involves initially awaiting a breakout from the current range, followed by a proactive approach during the subsequent pullback phase.

Wishing you safe and prosperous trading endeavors,

Trade safely,
Trader Leo.
Beyond Technical AnalysisbtmForexFundamental AnalysisTrend AnalysisUSDCAD

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