USD/CAD rose to as high as 1.3077 last week. The breach of 1.3075 resistance suggests that rise from 1.2005 is resuming. Initial bias stays on the upside this week. Sustained trading above 1.3022 fibonacci level will carry larger bullish implications. Next target is 100% projection of 1.2005 to 1.2947 from 1.2401 at 1.3343. For now, […]
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