On the USDCAD chart, we can see that the pair is testing the support 1.3080-1.3130 zone. This zone should hold for the upside continuation. In the case of a daily close below this zone we could see a deeper pullback into the next support 1.2950 level.
Note: look for the long trade entries with the stop loss below the 1.3100 level in case of a bullish price action reaction from the support zone
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