USD/CAD BUY - 04/10/2017

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The pair corrected down yesterday, but the move was on very small volume, so that we can't consider it as a reversal signal, so that long positions are still in priority at the moment. We can enter the market after a stoppage of the correction and a resumption of the growth. A stop loss should be placed below the support 1.2404 - 1.2428. A potential of the deal is 110-120 pips.

The bottom line: long positions are in priority.

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