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USDCAD: Ended The Week Slightly Higher

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USDCAD: Having printed a rejection candle ahead of its key resistance located at 1.3435/56 zone, USDCAD ended the week slightly higher. This leaves risk of a pullback in the new week on continued price failure. Its key resistance standing at the 1.3435/56 levels comes in as the next upside target. Further out, resistance comes in at the 1.3500 level where a turn lower may occur. But if further recovery is triggered resistance comes in at the 1.3550 level. Its weekly RSI is bullish and pointing

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