Whichever way you look at the Price chart we have an ascending wedge pattern forming. BUY usdcad at 1.38700 with a 40 pip stop looking for 1.40000 initially then 1.40900. Support comes in at around 1.38400. Resistance starts at 1.40000. If price gets below 1.37800 consider shorts but the setup is still to BUY against the lows for one more new high above 1.40000.
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