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Straight No BS on USDCAD

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#USD/CAD# Straight No BS on USDCAD

We've been coming down on a long sustained downtrend since March. By a structural view of the daily trend this seems to have ran out of steam. What seems to be coming to be is a strong reversal of at least half of the last trend which should yield an approximate advance of at least 500 pips. What seems to be developing right now is still a very unpredictable structure and only future price action will show price true path.

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