Let's wait for an entry on this trade. Support levels and price target have been set by doing a top down analysis. The price target is the ATH trading price for USDCAD, with looming tariffs and Trumps America First Agenda I'm speculating we will see USDCAD trade at its ATH again within the next 4 years. Im looking for an entry into this trade after the Canadian election, I want to see price come back down to a support level and then once market sentiment wears off from the election we will be looking for a reversal pattern on the smaller time frames.
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