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USDCAD Trading In A Correction, Probable Reversal Zone Around The 1.3500 Mark

Discussion in 'Technical Analysis' started by Kaitlin, Oct 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USD/CAD has made a five wave of a decline from 1.4683 high which is a very strong evidence for a bearish trend. We are talking about black wave A/I, the first wave of this big new bearish cycle, followed by current slow and overlapping price movement that is either wave[​IMG]

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