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USDCAD






12/8/2014 1:58:50 AM

USDCAD - Technical Analysis: Monday, 08/12/2014 06:58 GMT



The beginning of the breaching attempts for the resistance line that connects the descending tops, and signals of invalidating any chances to form negative technical formation.

Good positive support from the exponential moving average 50, and gradual rise at the bulls’ power indicator, accompanied with stochastic positivity.


Target
Risk


Support
Resistance


Trend Bullish

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