Forex: USD/CAD Technical Analysis – Loonie Tags 3-Month Low
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- Prices broke resistance at a falling trend line set from early June
- Above rising channel resistance at 1.0546 exposes a double top at 1.0570
- Back under the trend line (1.0492) targets horizontal support at 1.0417
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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