Forex: USD/CAD Technical Analysis – Turn Lower in the Works?
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- A Shooting Star candle hints a pullback may be ahead
- Below support at 1.1005 (76.4% Fib exp.) exposes 1.0924 (76.4% Fib exp.)
- Reversing above 1.1136 (100% Fib exp.) targets 1.1267 (123.6% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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