USDCAD went up to test our upside confirmation at 1.3317 where the 161.8% fib retracement is. Price could bounce further from current level towards 1st resistance where the 200% fib retracement is. EMA also indicates that further upside could come.
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.