USDCAD coming close to descending trendline resistance. Limited drop inbound!

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Trading Recommendation

Entry: 1.40758

Reason for Entry: Descending trendline resistance, moving average resistance, 61.8% Fibonacci retracement

Take Profit : 1.40115

Reason for Take Profit: Graphical swing low, 61.8% Fibonacci retracement

Stop Loss: 1.41198

Reason for Stop loss: Graphical swing high

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