USDCAD is facing 1.2447 support, as long as this level holds, the sideways movement in a range between 1.2447 and 1.2835could be expected to continue. On the downside, a breakdown below 1.2447 support will indicate that the downtrend from 1.2835 has resumed, then the following downward movement could bring price to 1.2300 area.
For more short term forex analysis and info visit via USDCAD Daily Analysis - March 24, 2015 . Thanks for your support.
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