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Forex technical analysis: USDCAD ping pongs between support and resistance

Discussion in 'Technical Analysis' started by ForexLive, Aug 4, 2016.

  1. ForexLive

    ForexLive Forum Member

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    100 hour MA above....Old swing low/high area Traders are doing some leaning against the 100 hour MA above and some swing lows/highs below (see blue circles in the chart below). Look for the lean to continue until there is a breakout.

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