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Apr 8, 2019 9:31 AM

USDCAD Long Opportunity Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCADhas been on a bullish run for a while now. With Friday closing above 1.33663(resistance turned support) we may see the bullish cycle continue this week with the first target 1.34500 and a possible extension into 1.36 zone.
The price also formed a possible double bottom on the 4 hour chart between 1st April and 3rd April.
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