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compleatguru

Possible Cup and Handle on EURCAD Daily

Long
Euro / Canadian Dollar (FX:EURCAD)  
compleatguru  
FX:EURCAD   Euro / Canadian Dollar
0
2
The downtrend form within 2012 has been broken and along with recent price movement near the downtrend line suggest a cup and handle chart pattern.
1.28 is the next breakout level and if the downtrend line remains as support, the likely resistance zone will be 1.34 range.
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