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Euro, Crude Oil May Suffer From OPEC & Eurozone Political Rifts
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Canadian Dollar, Crude Oil May Fall as Australian Dollar Gains at Open
2020-04-05 20:30:00
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US Dollar Rises, Wall Street Falls. Oil Prices Surges, CAD Gains: Week Ahead
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S&P 500 Price Sinks as Unemployment Spikes; VIX Index Drops?
2020-04-04 04:00:00
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US Dollar Rises, Wall Street Falls. Oil Prices Surges, CAD Gains: Week Ahead
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Gold Prices May Fall on FOMC Minutes, Recession & Credit Risks
2020-04-04 18:00:00
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US Dollar Setups Post-NFP: DXY Index, EUR/USD, GBP/USD & More
2020-04-03 21:30:00
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2020-04-03 08:00:00
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Japanese Yen Hit By Reports Coronavirus State of Emergency Imminent
2020-04-06 02:02:00
Japanese Yen Weekly Forecast: USD/JPY, EUR/JPY, GBP/JPY, CAD/JPY
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USDCAD Classic Technical Report 09.19.2012

USDCAD Classic Technical Report 09.19.2012

2012-09-19 04:56:00
Ilya Spivak, Head Strategist, APAC
Share:

Prices are testing resistance at 0.9751, the 14.6% Fibonacci retracement. A break higher exposes the top of a falling channel set from late July (0.9807) and the 23.6% Fib at 0.9824. Alternatively, a push below support targets the channel bottom at 0.9595.

USDCAD_Classic_Technical_Report_09.19.2012_body_Picture_5.png, USDCAD Classic Technical Report 09.19.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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