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Forex Trading Signals Indicate USDCAD Buy

Monday, 17 November 2008 00:35:11 GMT

Written by DailyFX Research

In the last hour our “Momentum 2” Forex Buy/Sell Automated Trading Signal has suggested a USDCAD buy trade. As the pair trades upward the indicator places a trailing stop at 1.21.

The “Momentum 2” indicator trades with 47% accuracy, averaging 15.06 pips of profit per trade. 

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See more Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates on these specific signals, as our automated forex signals can and do change on a daily and intraday basis. For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.

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