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ChrisSmithf0

EURCAD Descending Triangle Break

Short
Euro / Canadian Dollar (FX:EURCAD)  
ChrisSmithf0  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Technical Indicators
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trendanalysis indicator
EURCAD is breaking the Support Zone on the 3rd attempt.

The momentum is to the downside with the RSI well below 50 heading south.

The area of interest providing strong support comes in at 1.27.

Trade idea on chart.
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