Usdcad is clear downward trend. We can see on the chart, this pair is following strong downward momentum. So we must follow the trend to catch the downward rally.
There is no sign for bullish momentum on this pair yet. So it is better to look for sell setup on this pair. 1.3385 level can be good sell zone for this pair. Target will be 100-120 pips for this pair.
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