USDCAD is in uptrend, but price drop below important trendline. I recommend to wait for futher move to take an action. If price will drop below 1.30740 i recommend short position with sl at 1.31110 and tp at 1.30225. If price will go above R1 trend line first, then it's clear signal that trend have greater chance to continue it's direction. I recommend then long position, with sl at 1.30740, and tp above last high from yesterday.
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