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U.S. Dollar / Canadian Dollar

USDCAD DAILY SETUP

By rayscharts
USDCAD retreated from the 50% Fibonacci point back to the 0% point and it gives the pair two options, forming a Tripple top both on the 4 hour and the daily time frame falling back to the 61,8% fib point, or breaking the resistance point (purple box) which has been the top for several months now making further moves to the upside.
Double Top or BottomFibonacciTrend AnalysisUSDCADusdcadanalysisusdcadforecastusdcadlongusdcadshort
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