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USDCAD Weekly Analysis - April 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 12 April 2014 15:26 UTC
USDCAD broke below 1.0910 support, indicating that the uptrend from 1.0182 had completed at 1.1278 already. Deeper decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1100 and 1.1278, only break above these levels could trigger another rise towards 1.1500.

usdcad chart

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