USDCAD has been rising to new highs since April this year due to Lower Oil prices and CAD fundamentals no great. USD has been very strong as well. Today price broke above yesterday’s high but with R1 in sight which is a monthly pivot. Buy trade entered with caution bearing in mind weekly highs and monthly pivots.

#usdcad #forex #fxtrading #nvesting #traders #fxtraders #trading #fx

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