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Zackib

EURCAD SHORT IDEA

Short
Euro / Canadian Dollar (OANDA:EURCAD)  
Zackib  
OANDA:EURCAD   Euro / Canadian Dollar
Chart Patterns Trend Analysis
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chartpattern trendanalysis
Market has rejected the the monthly resistance and is seems to be continuing its movement downwards.
We have broken structure on the lower timeframe which seems like the pair has created an M formation.

Waiting for retest of the neckline of the pattern before a continuation to the downside
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