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01.07.202005:29 Forex Analysis & Reviews: USDCAD bounce in progress towards descending trendline resistance!

Long-term review

Exchange Rates 01.07.2020 analysis

Trading Recommendation

Entry: 1.35809

Reason for Entry: Moving average resistance, Ascending trendline resistance.

Take Profit: 1.34968

Reason for Take Profit:161.8% Fibonacci extension

Stop Loss: 1.36153

Reason for Stop Loss: 38.2% Fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
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