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Collins: Long USDCAD with sentiment positive
Alan Collins is long at current levels in USDCAD and buying setbacks based on his assessment that sentiment is turning positive. "Last month’s price action was defined by gradual gains that renewed the demand that has dominated 2015. That was emphasised by the support offered firstly by a Marabuzo line created by gains on Nov 6th, then the 13 day moving average that has based setbacks over the last week and a half."
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