The Pin Bar on the USDCAD daily chart that we discussed HERE has seen price move higher. This Pin Bar was a counter-trend setup, however as we know the market does not move straight up or down and this pair had been moving lower without and rotations higher.
Price is now moving higher and the next resistance area comes in around 0.9970 and then the Very Big Round Number of 1.000.
USDCAD DAILY CHART – AUG 24th
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