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USDCAD moves close to the 100 hour MA before data

Discussion in 'Technical Analysis' started by ForexLive, Aug 19, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Watch for a break above the 100 hour MA or below the 1.2800 area With retails sales and CPI out traders will be looking for surprises in the same direction. On more bullish numbers, a move below the 1.2797 area will be eyed. ON more bearish a move above the 100 hour MA will be more bullish.

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