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Usd/Cad Cup And Handle Pattern |
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Daily Forex Technicals |
Written by TheLFB-Forex.com |
Oct 02 08 02:47 GMT |
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Usd/Cad Cup And Handle Pattern
The loonie can be seen working its way into a cup and handle formation on the one hour chart. The pair was rejected at 1.0660 and went into making the handle. It is likely that orders are piling up to buy after the pair breaks that area again and could see a sudden upward surge.
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