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May 31, 2017 10:14 AM

USDCAD - continuation of bearish trend Short

FX_IDC:USDCAD240
U.S. DOLLAR / CANADIAN DOLLARICE

Description

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H4 chart indicates a bearish trend. Currently there is a rebound from local resistance which is on level of previous high. If trend does not change, then price should go towards last low. In this context you can consider short position.
bearishtrendUSDCADusdcadshort
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