USDCAD: Potential Pullback Trade 🇺🇸🇨🇦
USDCAD is consolidating within a narrow horizontal trading range on an hourly time frame.
To buy the pair with a confirmation wait for a bullish breakout of the resistance of the range.
You need an hourly candle close above that to confirm the breakout.
They buy aggressively or on a retest.
Your goal will be 1.2668
In case the price breaks the support of the range,
the setup will be invalid.
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