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Forex Technical Update USD/CAD – Will 1.05 hold?

posted by Avatar FXTimes 526 days ago in CAD, Technical, Daily made popular 526 days ago

The USD/CAD was not able to break above channel resistance, and is attempting to top off. The 1.05 is the base for the possible double top developing. The 4H chart shows the reading struggling to go below 40. A break below 40 can invalidate the bullish signal of the RSI…
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