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DuKe_QC
Dec 16, 2015 9:41 PM

Short UC after Rate Hike Short

U.S. Dollar/Canadian DollarFXCM

Description

US dollar does not seem to have gained any strength from rate hike. UC has been in overbought territory for some time now. Last two candles shows that bulls are likely to take a break. Oil is also oversold and should start to go up in the coming days. For all these reasons I short this pair.
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