USDCAD Buying Opportunity: Jan 21, 2025

USDCAD on the daily chart is moving sideways for quite sometimes. If price breaks this range and shows enough bullish confirmation, we go long.

usdcad daily chart

On H1 chart, USDCAD created a fresh demand zone around 1.42820 and 1.43170 levels. If price retraces back down to test it, we go long. Our potential target would be to challenge the recent high at 1.45145.

usdcad H1 chart

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