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dead2live
May 29, 2016 10:03 PM

USDCAD - Short Long Term Trend Short

U.S. Dollar/Canadian DollarFXCM

Description

Similar behaviors. Will watch closely for entry cnfm.
Never predict USDCAD based upon chart analysis alone. Heavy Fundamental pressure on this pair (crude).
Always closely manage trade lest Fundamentals intervene.
I usually scalp this pair. (Keeping trades shorter reduces risk for me on this pair.)
This chart is not enough information to confirm potential trade.
Watch only.
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