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Trade Idea: USD/CAD - Hold short entered at 1.3050

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 21, 2016.

  1. Lily

    Lily Forum Member

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    As the greenback retreated after meeting resistance at 1.3096 yesterday, retaining our near term bearishness and weakness to 1.2990-00 is likely, however, below 1.2925-30 is needed to signal the rebound from 1.2861 has ended, bring another test of this level. Looking ahead, only below previous support at 1.2831 would add[​IMG]

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