USDCAD Daily Analysis - September 12, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 12 September 2016 02:09 UTC
USDCAD failed to break below 1.2763 support and rebounded strongly from 1.2822. Further rise to test 1.3147 resistance is possible in a couple of days. A break of this level will signal resumption of the uptrend from 1.2763, then next target would be at 1.3500 area. Support is at 1.2960, only break below this level could trigger another fall to test 1.2763 support.

usdcad chart

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