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  4. USD/CAD Signal - Feb. 28, 2013
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USD/CAD Signal - Feb. 28, 2013

By Maxime Parra
Maxime Parra
By Maxime Parra
Maxime Parra has been trading since the age of 18, and he is now in charge of technical and fundamental analysis at BNRY.com and Tmarkets.com. Fascinated by the psychology of financial markets and technical analysis, he is also the head of the “Fédération Sud Finance” and is preparing for the Degree of the Chartered Financial Analyst (CFA) level 1 at the SKEMA Business School. Maxime favors trend following strategies by combining chartist analysis with the use of technical indicators.

The USD/CAD pair has been experiencing a consolidation movement in a highly bullish trend. In this context, investors will benefit from the return on the moving average at 7 sessions which could provide the pair necessary support to reach new highs.
Direction: Buy
Entry: 1.0232
Stop-loss: 1.0180
Take-profit: 1.0300

USDCAD Signal

Maxime Parra
About Maxime Parra
Maxime Parra has been trading since the age of 18, and he is now in charge of technical and fundamental analysis at BNRY.com and Tmarkets.com. Fascinated by the psychology of financial markets and technical analysis, he is also the head of the “Fédération Sud Finance” and is preparing for the Degree of the Chartered Financial Analyst (CFA) level 1 at the SKEMA Business School. Maxime favors trend following strategies by combining chartist analysis with the use of technical indicators.
 

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