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USD/CAD Extends Dive On Oil Rebound, Canada GDP

Discussion in 'Technical Analysis' started by Kaitlin, Mar 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USD/CAD further extended its prolonged pullback on Tuesday to hit and slightly dip below major support at the 1.3400 level and its key 200-day moving average. The currency pair has not broken below its 200-day moving average since late-2014.[​IMG]

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