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SeanFlynn
Aug 9, 2019 3:26 PM
CAD Bearish/Oil correlation
Short
FX:EURCAD
240
Euro Fx/Canadian Dollar
FXCM
Description
⋅
Aug 9, 2019 3:26 PM
With oil prices predicted to rise we can see that EURCAD has recently finished bearish retracement so it is a high probabilty that price is decline as demand for the loonie increases, driving price down.
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