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USDCAD






10/1/2014 2:45:12 AM

USDCAD - Technical Analysis: Wednesday, 01/10/2014 06:45 GMT



The continuation of the inverted head and shoulders pattern’s effect, besides the continuous support that comes from the exponential moving average 50.

More bullish bias is waited, might be preceded by some sideways fluctuation affected by the negative momentum on the four hours time frame.


Target
Risk


Support
Resistance


Trend Bullish

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