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Coldwarvet
Nov 2, 2015 12:04 PM

Simple analysis of weekly candles Long

U.S. DOLLAR / CANADIAN DOLLARICE

Description

Leads me to believe the long term uptrend is in place until soundly broken, around 127.7 this week (and rising about .4 cents per week) - the longer term ending diagonal runs at least a few more months. Shorter term, there hasn't been a touch of the bottom weekly support line since May/June, so there's a good chance that line will be tested in the next few weeks. Not a "pro" at this, YMMV.
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