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alexkyp

EURCAD potential sell

Short
Euro / Canadian Dollar (FX:EURCAD)  
alexkyp  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
- The pair has been overbought for the past month to +700 pips as a result of falling oil prices
-Reached weekly trendline and daily trendline
- If dxy follows an upward trend and oil prices remain stable with USDCAD consolidating the pair could fall significantly

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