USD/CAD Analysis - page 19

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The pair rebounded from 1.3000 but it has also formed a shooting star bar on the one-hour time frame below the resistance at 1.3160 so I think there will likely be a new move to the downside.
 
Bullish on this, at least until 1.33
 
USD/CAD formed hammer bar above the support at 1.3130 and started climbing, I think next target is at 1.3200.
 
USD/CAD is testing the resistance at 1.3270, I think that if it breaks out above that level it will reach 1.3300 or even 1.3340.
 
Yesterday the pair failed to break above 1.3270 and dropped towards the support at 1.3050. So far it's rebounding from it, but I think that if it does break below that level it will reach 1.2940 - 1.2930.
 
Considering the two hammer bars on the daily time frame above the support at 1.3060, I think we will see a move to the upside towards 1.3250 for now.
 
Waiting to enter somewhere around 1.33.
 
The pair just dropped to 1.3240 after forming a doji bar on the 1-hour time frame. It's currently testing that support level, but I think that if there is a breakout to the downside it will reach 1.3200 again.
 
USD/CAD rebounded from 1.3184 after forming a spinning top and a inverted hammer bar at that support. Right now the pair is testing the resistance at 1.3205 and I think that if it breaks out above that level it will reach the next resistance at 1.3240.
 
Bearish here.
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