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USDCAD continues its surge to the upside

USDCAD continues its surge to the upside

The USDCAD is continuing its run to the upside trading at the highest level since November 4. Looking at the hourly chart, the 61.8% retracement of the move down from the November high to the November low cuts across at 1.35850. That would be the next upside target. The current price is trading at 1.3575.

The pair fell sharply in the Asian session, but found support buyers near the London session low from yesterday's trade near 1.34078. In the North American session, the pair moved high... Read More

Posted: Nov 29 2022, 16:04
Author Name: forexlive
Views: 103175

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