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Forex pairs in this Article » USD/CAD
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Talking Points

  • Prices broke higher as expected, completing a Triangle chart formation
  • A further push above resistance at 1.0799 (38.2% Fib exp.) eyes 1.0865 (50% Fib exp.)
  • Near-term support is in the 1.0706-18 area (Dec 4 high, 23.6% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_usd-cad_body_Picture_12.png, Forex: USD/CAD Technical Analysis – Triangle Formation Validated Daily Chart - Created Using FXCM Marketscope 2.0

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