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USDCAD Bounced Off Support, Potential For A Further Rise

USDCAD bounced nicely off its support at 1.3071 (61.8% Fibonacci extension, 38.2% & 50% & 23.6% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.3167 (horizontal swing high resistance).
Stochastic (55, 5, 3) is bounced off near its support at 2.1% where a corresponding rise could occur.
ICmarkets
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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audCADChart PatternsEURGBPHarmonic PatternsjpyTrend AnalysisUSDUSDCADusdcadlong
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Juga pada:

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