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USD/CAD Remains Range-Bound Below Parity; Develops H&S

posted by Avatar FXTimes 253 days ago in USD, CAD, Technical made popular 253 days ago

The USD/CAD has failed to sustain a break above parity several times since August 2011. Rejections from the parity level have lead to a range-bound market below it. However, the bullish prospect had remained. It still remains but, signs are gathering that a deeper decline could arise out of so many rejections to move higher. The structure is...
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