USDCAD LONG
A clear scenario playing out with USDCAD moving into the new year. DXY is still on a very clear bullish up trend, look for areas of market structure to be be respected before entering any positions. Although the outlook may seem clear, im still looking for a rejection at the 1.2850 area before entering a second position around 1.27670 area. The last week of the year, into the second week of January brings heavy volatility as market makers, and institutions looks to set their positions in clear areas of S/D. Happy New Year
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