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Gelium
Mar 28, 2017 1:06 PM

CAD: Trade between support / resistance levels. 

U.S. DOLLAR / CANADIAN DOLLARICE

Description

Support for long-term uptrend is broken down. But the mood for continuing the uptrend is still quite strong. In my opinion, while the most likely trade between medium-term support / resistance levels.

Comment


Against the backdrop of the attitude of the Central Bank of Canada to the situation in the economy and Trump's words about a too strong dollar, an attempt to break through the small range was not crowned with success. We return to the scenario of moving down to the level of long-term support.
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