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berkovic19031
Dec 24, 2013 1:57 PM

USDCAD Double Top Short

U.S. Dollar/Canadian DollarFXCM

Description

It seems we're gonna have a double top on USDCAD. Besides upper trend line starting from 22.10.2013 supports the prices so far.

Hence closing below 1.0557 can be expected to accelerate the fall. First target could be 1.05 second target could be 1.0445. Stop loss might be set as 1.0640
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