Potential Trade setup for next week : USDCAD

Price has broken above previous highs and also above descending trendline .

Looking at fib levels we can see that price is near 1.382 ext and pullback is expected soon , For next week or maybe also today later in session we will look for price to test 1.5 /1.61 fibonacci extention or near 1.350 psychological price level , where we would to sell on pullback .

In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .

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