USDCAD extended its bearish movement to 1.2521. Near term resistance is at the falling trend line on the 4-hour chart. As long as the price is below the trend line, the downtrend could be expected to continue and further decline to test 1.2460 (May 2016 low) support is still possible. Key resistance is at 1.2640, … Continue reading "USDCAD Daily Analysis – July 24, 2017"
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