GBPCAD LONG PRICE ACTION FORECAST

120
After getting a strong bounce from the support level, the price action shows bullish momentum, expecting upward movement continuation. A long entry could be set after the retest of the critical level.

Fundamentally speaking, it worth to mention the bearishness in the black gold commodity is impacting the Canadian dollar across the board.

The order:
Type: buy-limit
S/L: 94 pips - R:R | 1:3.5 -
T/P: previous swing high

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