No changed in our view, USDCAD remains in downtrend from 1.3347, the bounce from 1.2859 could be treated as consolidation of the downtrend. Near term resistance is at the top trend line of the price channel on its 4-hour chart. As long as the pair is in the channel, the downtrend could be expected to … Continue reading "USDCAD Daily Analysis – July 12, 2017"
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