Josphat89

CHANNEL RESISTANCE BROKEN

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
3
USDCAD has been trading in a descending channel.

Channel resistance has been broken and movement upwards to the 0.382 retracement of the channel cannot be over ruled.

Channels have measurement implications and prices may move as high as the channel width.

Its good to buy.
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