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CADCNH to Continue Lower?

CADCNH has completed the broadening top pattern and the price is now in consolidation. I expect CAD to continue gaining strength against CNH and to reach the broadening top's objective, which lies near 5.

We can short the pair once the price breaks below the small consolidation trendline.


broadening-topBroadening WedgeCADChart PatternsCNHForex

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