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USDCAD Weekly Analysis - August 30, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 30 August 2014 13:51 UTC
USDCAD remains in uptrend from 1.0619, the price action from 1.0985 is likely consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be expected to resume, and another rise towards 1.1500 is still possible. Only break below 1.0800 support could signal completion of the uptrend.

usdcad chart

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