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EURCAD is trading inside a daily range and we are approaching the bottom of it. That creates a nice buy opportunity for us.

SCENARIO #1
I will be looking for either one more wave down towards 1.48 zone where I want to confirm the end of the bearish trend with bullish divergence.

SCENARIO #2
Or alternatively i will be following the pair for valid breakouts to the upside, in case 1.48 zone is not reached.

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