Josphat89
Long

CHANNEL RESISTANCE BROKEN

FX:USDCAD   U.S. Dollar/Canadian Dollar
31 0 3
USDCAD             has been trading in a descending channel .

Channel resistance has been broken and movement upwards to the 0.382 retracement of the channel cannot be over ruled.

Channels have measurement implications and prices may move as high as the channel width.

Its good to buy.
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