USDCAD, Close to net Long
The USDCAD recently broke an important resistance level (blue line at 1.1298) and it appears to have more bullish momentum, but trading long is not yet recommended, I would wait for the market to break the nearest short term resistance level (green line at 1.1359).
My Trading Plan:
Wait for the market to break 1.1359 and start looking for long opportunities.
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