USDCAD Strengthens On Intra-Day Price Reversal

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USDCAD - The pair reversed its intra day losses to trigger its trend resumption during Thursday trading session. This price action now leaves USDCAD targeting more bullish offensive towards the 1.3350 level. A break of here will open the door for more strength towards the 1.3400 level. Further out, resistance comes in at the 1.3450 level and then the 1.3500 level. Its daily RSI is bullish and pointing higher suggesting further strength. On the downside, support lies at the 1.3300 level where a

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