USD/CAD Technical Analysis 04.08.2013
USD/CAD Technical Analysis- Prices are testing above resistance at 1.0174, the 23.6% Fibonacci retracement. A break above that eyes falling channel resistance at 1.0231. Channel support is at 1.0118, with a drop beneath that targeting the 38.2% Fib at 1.0070.
Daily Chart - Created Using FXCM Marketscope 2.0
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