Forex: USD/CAD Technical Analysis – A Pullback Coming Ahead?
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- Prices moved higher as expected, completing a Triangle chart formation
- A Shooting Star candle hints a pullback may be ahead; support is at 1.0910 (100% Fib)
- Breaking lower exposes 1.0834 (76.4% Fib); resistance is at 1.0986 (123.6% Fib)
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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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