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USDCAD Weekly Analysis - January 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 January 2014 07:10 UTC
USDCAD's upward movement from 1.0182 extended to as high as 1.0945. Further rise is still possible after a minor consolidation, and next target would be at 1.1200 area. Key support is located at the upward trend line on daily chart, only a clear break below this trend line support could signal completion of the uptrend.

usdcad chart

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