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Forex pairs in this Article » USD/CAD (San Francisco) - After falling around 60 pips following the employment reports in US and Canada, the USDCAD has found support at 0.9875 with the pair trading in consolidation mode between 0.9880 and 0.9890.

Currently the pair is pricing at 0.9885, 0.26% below opening price action. "We have a low level bullish reversal, Bullish Harami in USDCAD charts. Market is generally bearish while the pattern is just under a moderate resistance at 0.9894," comments FX Instructor analyst Mark De La Paz. "Consider buys on on a close above 0.9894 for a push to 0.9910 break of which suggests a reversal for 0.9929. Stops should be placed below the patterns low."
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