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USDCAD : Bullish Trend In Play

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    We see USDCAD in bullish mode since price turned up from 1.2830 where we marked end of a flat correction in red wave 4). Well, this uptrend may continue now as decline from 1.3280 is already in three waves within wave 2 that has bounced nicely up from 1.3040 in the last 24 hours as expected. We see price going now above 1.3281 from where we may extension within wave 3 back to 1.3500. USDCAD, 4H A Flat is a three-wave pattern labeled A-B-C that generally moves sideways. It is corrective,

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