USD/CAD Technical Analysis 04.05.2013
USD/CAD Technical Analysis- Prices are testing support at 1.0121, the bottom of a falling channel. A break below that targets the 38.2% Fibonacci retracement at 1.0070. Near-term resistance is at 1.0174, the 23.6% level, with a push above that eyeing the channel top at 1.0234.
Daily Chart - Created Using FXCM Marketscope 2.0
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