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WavePrinciple-Net
May 1, 2018 6:42 AM

USDCAD - Bearish Wave Analysis 4H Short

U.S. Dollar/Canadian DollarFXCM

Description

After doing a big impulse down, it's making a correction wave B after touching 0.618.

That may lead to make it bounce at the next step, 0.786 at wave C.

MACD and RSI are dropping, forming a divergence with price movement.

Alligator are about to cross.

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