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onzzfx
Dec 3, 2019 9:27 PM

EURCAD SELL OPPORTUNITY  Short

Euro Fx/Canadian DollarFXCM

Description

This pair is in a Daily downtrend, however we can see a rising wedge pattern up to a point that has acted as support and resistance in the past. We can also see a double top on the 4hr chart as well as long wicks to the upside which shows rejection in buying power. Therefore I think we should see some movement towards the downside.

- Good luck and trade safe!

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