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ReadyfortheBell
Aug 1, 2016 7:34 PM

Bearish Outlook Short

Canadian Dollar/Swiss FrancFXCM

Description

Looking @ longer term chart, seeing possible sell opp. Price broke support around .7440. Sitting @ 38% fib level. With weakness in oil I think there's a chance it could break that fib level and continue lower.
Waiting to see how price behaves @ the 61.8% fib (Also lines up with that previous Low)
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