USD/CAD Analysis - page 2
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It found some resistance at 1.4170 and fell back to 1.4060 but I think that is only temporary too.
USDCAD just keeps making higher highs. That breakout above the 1.4200 level could take the pair to the 1.4300.
Sold. Waiting now.
It will probably go higher than 1.43, the question is how much higher.
New highs for the USDCAD, next goal, the 1.4400 level, it just needs oil to keep dropping.
It looks like 1.4600 proved too strong a resistance to break above it for now. Who knows how long that will last though.
A break out of the 1.4600 on the USDCAD is possible. The bullish trend is very strong.
Waiting to enter short.
I already shorted and my target is 1.4100 for now.
Good pullback on the USDCAD, but the bullish trend is still in place. The pair may try to go back to its bullish trend.