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CHANNEL RESISTANCE BROKEN
U.S. Dollar / Canadian Dollar
Long
CHANNEL RESISTANCE BROKEN
By Josphat89
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Oct 19, 2015
3
Oct 19, 2015
USDCAD has been trading in a descending channel.
Channel resistance has been broken and movement upwards to the 0.382 retracement of the channel cannot be over ruled.
Channels have measurement implications and prices may move as high as the channel width.
Its good to buy.
Josphat89
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