Thursday 18 May 2017

USDCAD Daily Analysis – May 19, 2017 Forex Analysis

USDCAD’s bearish move extended to as low as 1.3571. Further decline could be expected after a minor consolidation and next target would be at 1.3500 area. Resistance is at 1.3670, only move about this level could trigger another rise towards 1.3900.

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