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Chart Of The Day: EUR/CAD

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 1, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Within the context of the long-term downtrend on the EUR/CAD daily chart, as shown, price action has formed a rather large rising wedge pattern (represented on the chart by the two converging green lines). Since the pattern was initiated in September 2007, each side of the wedge has been touched...

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