USDCAD broke below the support trend line of the price channel on 4-hour chart and continued its downward movement from 1.3793. Further decline could be expected and next target would be at 1.3300 area. Near term resistance is at 1.3540, followed by the top trend line of the channel, only a clear break above the … Continue reading "USDCAD Daily Analysis – May 25, 2017"
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