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Forex technical analysis: USDCAD backs off after taking out July 2003 high

Discussion in 'Technical Analysis' started by ForexLive, Jan 7, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Oil down but off lows The USDCAD pushed above the high going back to July 2003 at the 1.4164 level. It was the next major target for the pair. The high today reached 1.4168 and the market said, that is enough.

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