Sunday, April 26, 2015

GBPCAD

On the daily chart, the price is bullish. Based on the slow correction behaviour we are expecting to see it rise to 1.8860 and 1.9190 zone if a positive hidden divergence happens while having the bearish trend line broken below around 1.8500. As long as the main trend line is not broken above, our forecast has validity so far.
Result
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