(3 point confluences are normally target areas). BUY usdcad on a pullback to 1.37700 area with a 40 pip stop looking for a 127% extension up to 1.38930 which confluences with R2 pivot point and previous highs. Stay nimble and nibble on longs using tight stops. Should 1.38190 break and run up, wait for a pullback and reversal signal to enter on the M5/M15 chart. USoil has a gap to fill at 30.50 so watch this closely.
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