USDCAD is retesting the broken upside resistance
On the USDCAD daily chart, we can see that it is retesting the strong upside resistance 1.3350-1.3400 zone which was previously broken. This zone needs to hold for the upside reversal continuation. A daily close above 1.3530 is required for the upside continuation. Now only a daily close below the 13350 level would invalidate the upside reversal.
Note: look for the long trade entries with the stop loss below the 1275 level.
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