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Forex7

Going long on EurCad confluence of 50% fib and moving averages

Long
Euro / Canadian Dollar (FX:EURCAD)  
Forex7  
FX:EURCAD   Euro / Canadian Dollar
Fibonacci Moving Averages
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0
fibonacci movingaverage
This is a simple trade idea price has respected the 50% fib level which is in confluence with the 200 ema and 100 and 50 clustered up which can indicate forth coming momentum. entry just above yesterdays high.
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