Chart of The Day $USDCAD 3-22-2017

On the USDCAD daily chart, we can see that the pair is bouncing from the support zone 1.3200-1.3250. For the upside continuation, we need to see the daily close above 1.3430 level. Only the daily close below 1.3180 will invalidate near-term upside scenario.

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usdcad price action technical analysis

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