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Forex pairs in this Article » USD/CAD
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Talking Points

  • USD/CAD Technical Strategy: Flat
  • Prices are testing above resistance at 1.0412 (23.6% Fibonacci expansion)
  • Breaking higher exposes 1.0554 (38.2% Fib); trend line support is now at 1.0273
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Forex_Strategy_USDCAD_Recoiling_from_Key_Support_body_Picture_5.png, Forex Strategy: USD/CAD Recoiling from Key SupportWeekly Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

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