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CapMoore
Jan 15, 2014 9:38 AM

Weekly analyse with next major resistance level.  

U.S. Dollar/Canadian DollarFXCM

Description

Yearly Pivot R2 coincides perfectly with the 127 extension
of formed Butterfly. A zone between 50 % fib at 1.1235
and 1.13 is the next major weekly resistance level.
However on a Monthly tf price is extended as it now
stands close to Monthly R3. A long consolidation period
though has built up alot of energy which has to be
taken into account for upward potential.
Comments
tntsunrise

There is a BAT also
good job!
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