USD/CAD broke above the falling trend line on the 4-hour chart, suggesting that the fall from 1.3207 had completed at 1.3114 already. Further rally would likely be seen in a couple of days and next target would be at 1.3250 area.
USD/CAD Daily Analysis – Thursday, Nov. 7
USD/CAD broke above the falling trend line on the 4-hour chart, suggesting that the fall from 1.3207 had completed at 1.3114 already.
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