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cantestogo
May 27, 2016 6:58 AM

USDCAD POSSIBLE NEW LEG UP Long

U.S. Dollar/Canadian DollarFXCM

Description

The price is now above 200MA, indicating a possible trend inversion. Dollar stronger. Correction on rising wedge almost completed. I'm looking for a new leg up to the green confluence area on chart. If the price drops under 200MA we are not in an uptrend but it was a simple correction on previous downtrend.
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