Lots of technicals lining up at the 1.40 even level.
We got the .382 fib from the long bullish trend coming in right on that level. And a bunch of fib extentions and inversions of the last leg down. And of course the most important thing, there is also STRUCTURE.

At the moment we're in a flag (check lower TF), waiting for a break lower to reach the 1.40 level.

I wouldn't aim too high with targets.
Stops below your entries ;]
LONGUSDCAD

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