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AlkalineFX
Aug 19, 2020 5:52 PM

EURCAD - Break Out 

Euro Fx/Canadian DollarFXCM

Description

This pair has broken out of the small ascending channel that it was respecting after touching the significant structure. I will be monitoring this pair closely now to see whether or not we get a good sell confirmation from this region, I have marked a potential trade I may take depending on how price reacts.

76% of commercial players are short according to my COT Source.
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