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Trader_Dale
Sep 30, 2019 1:41 PM

Point of control CAD/JPY  

Canadian Dollar/Japanese YenFXCM

Description

After nice move up is accumulated lot of contracts about price level 81.2.

And i thing that buyers which iniciated this strong buying activity were building around this area lot of contracts and will be defend

there position around POC ( Point of control )

When the price makes pullback to this level again i thing that guys will be aggressive and push the price up from this level again.

Happy trading

Dale



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