USDCAD formed a sideways movement in a range between 1.3387 and 1.3540. As long as 1.3540 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 1.3793 and further decline to 1.3300 area is still possible after the consolidation. On the upside, a break of 1.3540 resistance … Continue reading "USDCAD Daily Analysis – June 1, 2017"
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