USDCAD moved sideways in a trading range between 1.2416 and 1.2538. As long as the price is in the bullish price channel on the 4-hour chart, the sideways movement could be treated as consolidation of the uptrend from 1.2061 and further rise towards 1.2700 could be expected after the consolidation. Resistance is at 1.2538, above … Continue reading "USDCAD Daily Analysis – October 5, 2017"
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