Forex Strategy: USD/CAD Ready to Continue Higher?
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- USD/CAD Technical Strategy: Pending Long
- Prices broke resistance at 1.0669 (50% Fib exp.), exposing 10785 (61.8% Fib)
- Near-term risk/reward parameters argue against entering long for now
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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