Thursday 27 April 2017

USDCAD Daily Analysis – April 28, 2017 Forex Analysis

USDCAD’s upward movement from 1.3223 extended to as high as 1.3670. Further rise is still possible in a couple of days and next target would be at 1.3800 area. Support is at the bottom of the price channel on 4-hour chart, only a clear break below the channel support could signal completion of the uptrend.

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