USDCAD’s bearish movement from 1.3347 extended to as low as 1.2580, facing an important support level at 1.2460 (May 2016 low). The first resistance level is at 1.2701, as long as this level holds, the bearish movement could be expected to continue and further decline towards 1.2460 is still possible. On the upside, a break … Continue reading "USDCAD Daily Analysis – July 19, 2017"
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