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Forex technical analysis: USDCAD trades at new session lows

Discussion in 'Technical Analysis' started by ForexLive, Oct 28, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Surge and fall. Surge and fall pattern continues The USDCAD is trading at new session lows and tests the 50% of the move up from Friday's lows. The pattern since October 15th, has been for a surge higher and then correction of 50% (see chart below - green circles).

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