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JigneshDavda
Dec 24, 2015 2:39 PM

Inverted Head & Shoulders Potential Long

Canadian Dollar/Japanese YenFXCM

Description

Potential Inverted H&S - Need to see a Neckline break at 87.40 for confirmation


This pattern ties into fundamentals, there is a price differential between CAD & Commodities calling for an overshoot of CAD bearishness. Unless Commodities sell off sharp, CAD is likely to retrace some of it's losses.
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