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chrisheaney22
Apr 20, 2020 8:20 AM

Has GBPCAD found resistance at 1.76828? Short

GBP/CADOANDA

Description

We see that price has run into the 1.76828 level again, going overbought on the RSI in the process. It's showing early signs of breaking the linear support in the trend line which has been forming a bullish wedge pattern. We can look for further confirmation in the crossing of the 20 period EMA. We could see a short opportunity in the coming hours/days.
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