Tag: USDCAD

USDCAD | Profit Booked on Long Trade | 11.08.2015

USDCAD Technical Analysis

Talking Points : USDCAD Technical Analysis : Flat Support: 1.2956, 1.2798, 1.2670 Resistance: 1.3087, 1.3212, 1.3321 The US Dollar turned sharply lower against its Canadian namesake, breaking below a rising trend line guiding prices higher since mid-June. Near-term support is at 1.2956, the 23.6% Fibonacci retracement, with a break below that on a daily closing […]

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