USDCAD Bounce Play (Trade Idea)

USDCAD trade setup (Bounce Play)

Timeframe: 1H
Buy at 1.20200
Stop loss : 1.19550
Target Price : 1.21350

During the london session we saw a price rejection in the support area around 1.20200.

USDCAD price now at support level. a breakdown in 1.20200 will take the price to 1.19200.