USDCAD is facing bullish pressure from upside confirmation
USDCAD broke out our upside confirmation at 1.3207 where the horizontal pullback support and 61.8% fib retracement are. Price could ride the trend and go higher towards 1st resistance at 1.3259. EMA also indicates that further upside will come.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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