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RamziAbouAbdallah-CMT
Oct 8, 2020 7:21 PM

USD/CAD Analysis Short

U.S. Dollar/Canadian DollarFXCM

Description

Hello everyone,
A quick analysis into the Loonie supporting the bearish picture:
1- The pair broke below the 50 SMA.
2- The pair broke the higher highs higher lows pattern.
3- The pair broke the ascending trend line.
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Next target is the 38.2% at 1.3150.
Good luck
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