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USDCAD Weekly Analysis - March 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 March 2016 07:05 UTC
USDCAD's downward movement from 1.4689 extended to as low as low as 1.3167. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3500, only break above this level could signal completion of the downtrend.

usdcad chart

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