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USDCAD below descending trendline resistance! Drop incoming!

analytics5f20e200790eb.jpg

Trading Recommendation

Entry: 1.33872

Reason for Entry: Descending trendline resistance,61.8% Fibonacci retracement

Take Profit: 1.33491

Reason for Take Profit: Graphical swing low

Stop Loss: 1.34073

Reason for Stop Loss: Graphical swing high

The material has been provided by InstaForex Company - www.instaforex.com