On the USDCAD chart, we can see that the pair is testing the strong upside support 1.2950-1.3000 zone. This zone is important for the uptrend. In the case of a daily close below the 1.2950, we could see a test of 1.2842 level.
Note: look for the long trade entries with the stop loss below the 1.2950 level.
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