After consolidation, USDCAD continued its bearish movement from 1.3347 and the fall extended to as low as 1.2912. Near term resistance is at the top trend line of the price channel on its 4-hour chart. As long as the channel resistance holds, the downtrend could be expected to continue and next target would be at … Continue reading "USDCAD Daily Analysis – July 5, 2017"
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