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CADCHF heading down to .74 area

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FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc
Beautiful break of up trendline and in a down trending channel. Today price retested the upper downtrend channel resistance and now flowing down. This Pair from last week it has a very unique pattern, wiith in the downtrend channel when ever price spike up bears just grab and bring this down to fib 100% extension. This Week's spike is no different, failed spike and now its flowing down

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