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TipTVFinance
May 11, 2016 11:06 AM

EUR/CAD - Bears reinforces, New falling trend line established 

Euro Fx/Canadian DollarFXCM

Description

Hourly chart pattern - Falling trend line established

5th wave truncation, bearish break from rising channel and now falling trend line (lower highs) indicates bears may have been reinforced and consequently, hourly 200-MA level stands exposed.

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