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DennisDims

EURCAD Ascending Triangle

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
DennisDims  
OANDA:EURCAD   Euro / Canadian Dollar
Triangle Trend Lines Pivot Points Ascending Triangle
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triangle trendline pivotpoints ascendingtriangle
The pair is trading in a triangle and has bounced at the resistance level closing below it.

We can expect the pair to drop towards the ascending trendline /support before gathering enough bullish momentum to break above the triangle.
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