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boevrie
Jan 3, 2017 5:29 PM

Long USDCAD Long

U.S. Dollar/Canadian DollarFXCM

Description

Daily:
Three pin bullish reversal pattern forming

2H:
Break of the monthly resistance area at 1.3400
Currently retesting and holding the resistance as a support level.

FIB retracement at 38.20% level (confluence with the monthly support)
Made a higher swing low

Target at weekly resistance level (confluence with the -27.00% fib level)
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