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NZD/CAD 1H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    XAU/USD 1H Chart: Triangle Comment: Considering that gold formed a continuation pattern after a sell-off, support at 1,206 is likely to be violated. However, if this is the case, we do not see the price falling beneath 1,175 afterwards, being that the decline from Feb 11 is a retracement following a break of the long-term trend-line. Alternatively, if the green trend-line stays intact with the help of the daily pivot point and 200-day SMA and the price closes above 1,211, the first significant

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