USDCAD broke below the ascending trend line on its 4-hour chart, indicating that the rise from 1.3387 is complete. Deeper decline to test 1.3387 support would likely be seen and a breakdown below this level will confirm that the downtrend from 1.3793 has resumed, then the following downward movement could bring price into 1.3200 zone. … Continue reading "USDCAD Daily Analysis – June 6, 2017"
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