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2 Mar 2015
SEB: USD/CAD ready to burst higher – eFXnews
FXStreet (Barcelona) - The eFXnews Team shares SEB’s intraday technical outlook for USD/CAD.
Key Quotes
“With the bullish key day reversal on Thursday the final subwave, e, within the triangle was put in place.”
“The next step should accordingly be a break higher exiting the triangle and taking aim up into the 1.30’s.”
“Dips down to the 1.2450/60 area should be seen as buying opportunities.”
Key Quotes
“With the bullish key day reversal on Thursday the final subwave, e, within the triangle was put in place.”
“The next step should accordingly be a break higher exiting the triangle and taking aim up into the 1.30’s.”
“Dips down to the 1.2450/60 area should be seen as buying opportunities.”