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Home Contributors Technical Analysis USD/CAD: The Downside Prevails

USD/CAD: The Downside Prevails

Pivot (invalidation): 1.3535

Our preference Short positions below 1.3535 with targets at 1.3490 & 1.3470 in extension.

Alternative scenario Above 1.3535 look for further upside with 1.3555 & 1.3575 as targets.

Comment The break below 1.3535 is a negative signal that has opened a path to 1.3490.

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