Technician

USDCAD Bearish Gartley Near Channel Ceiling

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FX:USDCAD   美元 / 加元
1
Update: First target hit, moved stop to break-even,stopped at break-even.
Profit/loss(pips)=60

The NFP is due, a major move either higher or lower is expected, ill take a bearish aim on the USDCAD as price completes around 1.0475, making it an ideal one. The resistance of the main descending channel should hold for the setup to remain intact.
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