#usdcad: +500 Pips Swing Sell Opportunity; One Not To Miss!
Dear Traders,
The USDCAD pair is currently in a strong bearish trend and we anticipate a price correction. We expect the price to turn bullish in the short term, filling the liquidity gap its left behind. Once filled, the price could reverse and continue selling until it reaches around 1.3200, a 500+ pip move. Currently, theres only one target, and the stop-loss can be adjusted based on your risk management.
The USD is plummeting, but theres a chance it could show some bullish momentum. However, the CAD is experiencing a strong, continuous bullish trend, so we expect a correction.
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Team Setupsfx_