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ndjf310
Mar 22, 2018 4:03 AM

USDCAD Fake Breakout? 

U.S. Dollar / Canadian DollarFOREX.com

Description

Is this a possible break out or just a fake break out.

I believe this is an actual break out but i expect to come back to retest the trendline before heading back down.

Regardless I have a pending buy or sell order depending on whether it returns back into consolidation or continues to move down.

I have 20 pip stop losses for both scenarios
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