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SoxKeepYouWarm
Sep 16, 2014 5:37 AM

EURCAD shorting opportunity Short

Euro Fx/Canadian DollarFXCM

Description

EURCAD in a downward channel, currently in consolidation. Looking for a breakout downwards with the trend if price makes it back up to highlighted structural resistance. No clear structural support in sight, will be looking for a 1.27 extension of the last price drop, lines up with .5 retracement of weekly impulse upwards.
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