Forex: USD/CAD Technical Analysis – Aiming Above 1.07 Figure
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- Prices broke above resistance at 1.0669 (100% Fibexp.), exposing 1.0729 (123.6% Fib)
- A further push above that targets 1.0766, the 132.8% Fib expansion
- Turning back below 1.0669 eyes 1.0609 (76.4% Fib exp.)
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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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