USDCAD reacting below descending trendline resistance!

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Trading Recommendation

Entry: 1.40920

Reason for Entry: descending trendline resistance, 38.2% Fibonacci retracement

Take Profit : 1.39588

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 1.41525

Reason for Stop loss: Graphical swing high

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