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EUR/CAD could move DOWN!

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Hey tradomaniacs,

currently it is very hard to predict the price-pattern as the market is very choppy due to upcoming speeches this week.
Overall we see a valid flag-pattern of EUR/CAD which could give us a nice chance to sell the upper trendline within the resistance-zone of the weekly chart.

Currently I`m waiting for more fundamental impulses to get a clear confirmation for this assumption.
If market breaks out we can go LONG - IF market bounces off we can go short.

In both cases we would get a nice risk-reward-ratio. :-)


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Peace and good trades
Irasor

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