Wed, Oct 05, 2022 @ 15:31 GMT
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USD/CAD Will Make New Highs

The currency pair increased and resumed the Friday’s impressive rally, should approach and reach the 1.2678 horizontal resistance if the USDX will climb much higher. Is expected to be attracted by the median line (ML) of the major red descending pitchfork. Technically, it should climb towards the upper median line (uml) of the blue ascending pitchfork after the failure to retest the median line (ml).

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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