USD/CAD price at daily chart has already broke the resistance level at 1.38100, 3/2 candle close below this level! the price was in uptrend from 16/10/2015, on 18/01 a week reversal signal appeared. From then bears have take control and drive the market,after resistance break bears seem to have the strength to drive the price much lower. The price in smaller time frames is oversold so that i expect some bears reactions.if take position a reasonable SP limit is 1.3850 and TP 13500!
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