USD/CAD moved sideways in a trading range between 1.3036 and 1.3144.
USD/CAD moved sideways in a trading range between 1.3036 and 1.3144. As long as 1.3144 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3432, a breakdown below 1.3036 support could trigger another fall towards 1.2950. Only break above 1.3144 resistance could signal completion of the downtrend.
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