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MO_FOREX_TRADING
Dec 9, 2020 12:46 PM
USDCAD short
Short
FX:USDCAD
240
U.S. Dollar/Canadian Dollar
FXCM
Description
⋅
Dec 9, 2020 12:46 PM
First downward move was caused by weakness in USD and the better than expected employment report in Canada.
Second move was short corrective
Third move is expected to go down to 1.2705
I recommend going short as shown on chart.
Trend Analysis
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