USDCAD upward movement

It seems that USDCAD is in bullish bias. It is now retracing the previous bullish movement. It is expected the Bullish movement will continue again. The Trading Recommendation is as follows:

 

Recommending Long position from the marked zone with the target 1.2705 followed by 1.2800.

The Invalid point of this recommendation is 1.2565.

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