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Fomenka
Aug 5, 2013 11:06 PM

USDCAD Long

U.S. Dollar/Canadian DollarFXCM

Description

inside bar against the level of support, no obvious divergence in RSI (allows for a new high), trending in the channel. ElliottWave count is unclear for me. Pure price action pattern. EUR and GBP are about to go down according to my estimations and DXY to go up which also supports the case.
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