Chart of The Day $USDCAD 09-13-2016

On the USDCAD daily chart we see another retest of a broken wedge and rejection from 1.3160 level. Today is expected retrace of the pin bar formed yesterday which could gave us opportunity to enter short here for another move lower into 1.2800 level. Invalidation would be only on  a break and close above 1.3160.

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usdcad chart of the day

 

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