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Farooq

Technical Analysis – USDCAD _ 28-02-2019

HomeTechnical AnalysisTechnical Analysis – USDCAD _ 28-02-2019
28
Feb
Technical Analysis – USDCAD _ 28-02-2019

The downside scenario remains valid as long as the pair remains below the resistance at 1.3235 to keep the target at 1.3070 as the first target, which could push the pair further towards 1.2915 as the second target and then 1.2780 as the third target.
A break of 1.3235 might be enough to end the downside potential and the pair could then push to target the resistance at 1.3330 which may be followed by a bullish trend targeting 1.3435 as the first target and then 1.3545 as the second target.


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