USDCAD bounce expected
USDCAD is testing the upside support 1.2630 after another rejection from the key upside resistance1.2800. A bounce from here is required for another key upside resistance test. A break below 1.2630 will lead to a reversal lower to 1.24000. We expect a bounce from here as we see the price action developing V shape bottom.
Note: look for the long trade entries with the stop loss below 1.2600
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