Thursday, 3 August 2017

USDCAD Daily Analysis – August 4, 2017 Forex Analysis

USDCAD’s bounce from 1.2413 extended to as high as 1.2618. Further rally could be expected in a couple of days and next target would be at 1.2690, followed by 1.2740. Support is at 1.2413, only a breakdown below this level could trigger another fall towards 1.2000.

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