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USD/CAD 1H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 8, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EUR/USD 4H Chart: Channel Down Comment: The pattern that is currently emerging in the four-hour chart of EUR/USD might be of low quality on the whole, but we are more interested in its upper trend-line, and it implies a strong sell-off next week. Resistance at 1.0950 is reinforced by the weekly R1 and January 4 high, making it a highly unlikely victim of today’s potential rally, which is suggested by the four-hour technical indicators. However, at the same time we should note that there is a

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