USDCAD: The Definition of "Key Support Level"

The USDCAD 240min chart speaks on its own. Just watch at the highlighted support levels (red circles) and see where what we get as confluence at the "key support level" at around 1.26600. Any buy setup completion at this level it will be a high probablity one. Stops should be placed below 1.26100 and profit targets at the sliding parallels above around current support.

I wish you Merry Xmas!
All the best to you and your families,
John

p.s: Spot your FREE seat in my four weeks training course on median line analysis (January Class). Info in the signature box below..!