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USDCAD Daily Analysis – December 2, 2014

USDCAD failed to break above 1.1466 resistance, indicating that lengthier consolidation for the uptrend from 1.0619 (Jul 3 low) is needed. Deeper decline would likely be seen, and the target would be at 1.1200 area.

usdcad chart
Author ForexCycle.comPosted on December 2, 2014March 10, 2017Categories Short Term Forex AnalysisTags USDCAD

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