USDCAD’s rebound from 1.2061 extended to as high as 1.2337. Further rally is still possible and next target would be at the bearish trend line on the daily chart now at 1.2470. However, as long as the trend line resistance holds, the bounce could be treated as consolidation of the downtrend from 1.3793 (May 5 … Continue reading "USDCAD Daily Analysis – September 19, 2017"
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