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Stiff bids hold in USD/CAD slide

Discussion in 'Technical Analysis' started by ForexLive, Jun 29, 2016.

  1. ForexLive

    ForexLive Forum Member

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    USD/CAD technical analysis USD/CAD is torn between rising oil prices and Brexit uncertainty. The pair shot to 1.31 in the aftermath of the vote but three attempts to hold that level have failed. On the downside, support in the 1.2960/80 zone is proving to be an equally tough barrier.

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