USD/CAD Shows Signs of Confirmation on Horizontal Support

Long

Dollar Américain / Dollar Canadien (FX:USDCAD)

FX:USDCAD Dollar Américain / Dollar Canadien

trendline supportandresistance indicator canada canadian usd america usa us usdollar forex forexsignals

In this idea I explain how to leverage the S/R flip principle to find support in an area where previously resistance was found. I then use this level to suggest a long trade set-up towards the resistance trendline.

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