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U.S. Dollar / Canadian Dollar

USDCAD approaching key resistance

By Antonio_trader
Yesterday USDCAD touched on the key resistance level, but fell after crude inventories release. Today's price action on dollar strength is again on its way to test the resistance and 61.8%. A bounce with RSI divergence, or break above provide good risk-reward ratios.
Happy Trading!
Trend AnalysisUSDCAD
Antonio_trader

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