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Farooq

Technical Analysis – USDCAD _ 11-03-2019

HomeTechnical AnalysisTechnical Analysis – USDCAD _ 11-03-2019
11
Mar
Technical Analysis – USDCAD _ 11-03-2019

The price fluctuates around the first target level at 1.3435 … The possible bullish scenario remains valid with the effect of the upside down head and shoulders pattern shown on the chart to be the next targets around 1.3545 as the second target and then the 1.3655 resistance as the third target …
A break of support 1.3330 – 1.3300 could weaken the mentioned pattern and it could press the pair to test support at least 1.3225.


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