USDCAD - Same Theme
We are seeing the same theme across the USDXXX pairs which is lots of consolidation and indecision. Although we saw price break out of that strong descending trend line, we have seen nothing but a range ever since. I will be waiting patiently for a break either way followed by a re-test and rejection before considering a position.
IG Client Sentiment - 71% Long
COT Data - 71% Long
IG Client Sentiment - 71% Long
COT Data - 71% Long
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