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FX_CouchPotato

CAD Long opportunity

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
FX_CouchPotato  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis
2
0
trendanalysis
USDCAD

CAD has been sawing down for several days, such behaviors usually indicative for weakening momentum. I am expecting a sharp upward move once resistance is broken towards 38.2% rentacement level. Stops below previous local low.
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