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USDCAD Weekly Analysis - May 31, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 31 May 2015 07:41 UTC
USDCAD's upward movement from 1.1919 extended to as high as 1.2538. Further rise is still possible, and next target would be at 1.2700 area. Near term support is at 1.2300, only break below this level will signal completion of the uptrend, then deeper decline to test 1.1919 support could be seen.

usdcad chart

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