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May 1, 2017 1:23 AM

Short GBPCAD key RSI and Fibo confluence Short

British Pound/Canadian DollarFXCM

Description

Price has hit 423.6 fibo resistant level and also RSI is coming down from a high overbought position in line with Stoch. I believe that it will push down to the horizontal resist now turn support at the 1.75294 level. Further confirmation in 4H chart shows it to be on a downward pressure.
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