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ADingle
Nov 9, 2016 8:04 AM

USDCAD Short Short

U.S. Dollar/Canadian DollarFXCM

Description

Channel trade. Personally I am short from the top of the channel right at 1.34100. Futures are down over -4% due to USA elections, which will weaken the US Dollar, which supports a bearish signal on this pair. TP is 1.32000 SL is a bullish breakout of the channel.

Comment

Holding strong with stops in place above upper resistance
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