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FxWirePro
May 3, 2016 6:58 AM

Lonnie breaks major support 1.2500. targets 1.2239/1.1900 Short

U.S. Dollar/Canadian DollarFXCM

Description

Major support -1.2500

Major resistance - 1.2600 (7 day EMA)

USD/CAD has broken major support 1.2500 and trades well below that level. It is currently trading at 1.2485.

It is good to sell around 1.2500 with SL around 1.2600 for the TP of 1.2300/1.2240
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