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leanosamwinga
Aug 16, 2020 8:45 PM

CADCHF (August 16) Short

Canadian Dollar/Swiss FrancFXCM

Description

Similar to CJ, CADCHF has been trading within a very corrective structure for just over a month. On Friday we saw this pair close its weekly candle below this lower time frame ascending structure. To get involved, I would be looking for some sort of continuation pattern and I would be targeting the bottom of the expanding, or the double bottom area at 0.67450.
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