USDCAD is facing bullish pressure from upside confirmation

USDCAD is testing upside confirmation, in line with our 50% fibonacci retracement nad 100% fib extension. We could see a possible further bounce above this level to our first support. This is also in line with the Ichimoku cloud where price is on support.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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