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USDCAD moves lower after better data

Discussion in 'Technical Analysis' started by ForexLive, Jul 22, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Ceiling solidified on hourly chart The USDCAD has moved lower after the better than expected Retail sales data and slightly higher CPI. Technically, the further move away from the ceiling that is in place around the 1.3138 level (see charts).

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