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FX_IDC:CADWCU   CANADIAN DOLLAR / WORLD CURRENCY UNIT
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Price has rejected from the top end of the parallel channel and has been retracing for the past 3 weeks. It is now approaching the .618 fib level which also lines up with a structure zone. Price has now started slowing down on the lower time frames so I'm expecting a rejection once it reaches the .618 fib with a push to the downside to the bottom end of the channel and we may possibly see it break below.

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