Wednesday 17 May 2017

USDCAD Daily Analysis – May 18, 2017 Forex Analysis

USDCAD remains in downtrend from 1.3793. Further decline is still possible over the next several days and next target would be at 1.3500 area. Resistance levels are at 1.3640 and 1.3670, only move above these levels could trigger another rise towards 1.3900.

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