USD/CAD Analysis - page 27

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The pair rebounded from 1.3200 after forming a rather impressive spinning top bar on the daily time frame at that level. I think next target is at 1.3060.
 
USD/CAD got some positive vibes this week and is now trading at 1.3105.
 
USD/CAD is back to testing 1.3200. I think that next target is at 1.3250 - 1.3260 if it breaks out above the resistance and in my opinion it will, considering the bullish bars on the weekly time frame.
 
Not only did it reach 1.3260 but it climbed above that level and continued rallying. I think that for the moment the rally will continue toward 1.3400.
 
The rally on the USDCAD may continue, its next resistance could be the 1.3400 level, but it may also try to retrace towards the 1.3300 level, which could act as support.
 

Greetings,

USD/CAD - Strong bullish bias. There are high on Jan20 around  1.3388, which may stop for a while the movement, but more or less I expect soon climbing to 1.3400 shortly.

 
That is a truly impressive rally and I don't think it will end before USD/CAD reaches 1.3600. It's already testing 1.3400.
 

USDCAD (Forex Signals)1.3413  0.17% - Up value is increasing  

 
USD/CAD broke above 1.3400 and I have little doubt that next week it will continue moving to the upside, apart from the occasional correction.
 
Good move last week, i'm kinda sad i missed buying!
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