USDCAD facing bullish pressure, potential for more upside!
USDCAD is facing bullish pressure from 1st support at 1.26380, in line with 127.2% fib extension, 61.8% fib retracement and horizontal swing low support. We could see a further push towards 1st resistance at 1.27478 where the 100% fib extension is. EMA is also below prices, showing bullish pressure to prices.
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