Daily Forex Review Reviewing the foreign exchange and currency market

Forex Recommendation

Sell USD/CAD SL @ 1.0520, TP1@ 1.0300, TP2 @ 1.0240, and TP3 @ 1.0180

The pair has been on a downtrend since last year and we believe it will continue to do so. .

Increasing Oil prices supports the downtrend of the USD/CAD as well.

SL is located just above the last peek the pair have reached in the past week.

All analysis is based on the 4 hour and daily charts

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Last price: 1.0355