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USD/CAD Analysis - page 26

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USD/CAD rebounded from 1.3000 after forming a pair of doji bars on the daily time frame above that supprt. I think the closest target is at 1.3170.
The pair reached 1.3170 and even briefly broke above it. I think the move to the upside will continue and next target is at 1.3240.
Nice jump on the USDCAD, breaking above the 1.3200 level, but the 200 day EMA around the 1.3212 level stops it right on its tracks and the pair goes back down below the 1.3200 level. Still, the bullish momentum is still in place and the pair may try to go back up above the 1.3200 level.
USD/CAD couldn't quite reach 1.3240 before it began a short-term correction. I too think once that ends the move to the upside will continue.
The last weekly bar is an inverted hammer and it's right above the support at 1.3000. I think this might be the end of the move to the downside.
Greetings:
USD/CAD - Some signs for short term rising appears. Not much, but 1.3100 may be tested
USD/CAD tried to make a bullish move on Friday but somehow failed short and now price is 1.3092. Improved momentum can drive the pair during the next week.
The pair is bullish and I think it will soon reach 1.3170. Also, if it breaks out above that level the next target should be around 1.3200 - 1.3210.
USD/CAD did break out above 1.3170. I think that if it breaks out above 1.3200 too it will reach 1.3280.

Greetings:)

USD/CAD - is testing resistance at 1.3210. In case of breaking and further USD rising, may see 1.3280/90.

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