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USDCAD






9/16/2014 1:58:34 AM

USDCAD - Technical Analysis: Tuesday, 16/09/2014 05:58 GMT



Settling above the previously breached neckline of the inverted head and shoulders’ pattern, and potential retest to the neckline which is supported by the exponential moving average 50.

Clear positive momentum offered by stochastic that reinforces the chances of continuing the bullish trend.


Target
Risk


Support
Resistance


Trend Bullish

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