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GBP/CAD Target Level: 1.7014

Channel Up identified at 14-Nov-2019 19:45 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.7014 within the next 6 hours. Supported by RSI above 60 Chart 15 MinutesPattern Channel UpLength 99 CandlesIdentified 14-Nov-2019 19:45 UTC
GBP/CAD Target Level: 1.7014

Channel Up identified at 14-Nov-2019 19:45 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.7014 within the next 6 hours. Supported by RSI above 60

Chart 15 Minutes
Pattern Channel Up
Length 99 Candles
Identified 14-Nov-2019 19:45 UTC

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Resistance line breached by E-mini S&P 500 DECEMBER 2019. This price has been tested at least twice before.

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After testing 1.3240 numerous times, USD/CAD is once again approaching this price point. Can we expect a bearish trend to follow?

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