The
On the USDCAD chart we see a local stop in front of the resistance at 1.3712, consolidation is forming, which may activate the correction phase. The correction may end with a retest of 1.3640 support or form a small pullback and a retest of 1.3712. In the future, I expect the continuation of active growth on the part of the currency pair. As a target I pursue the area of 1.3800.
Moving averages indicate bullish potential.
Support levels: 1.3690, 1.3640
Resistance levels: 1.3712
I expect the growth to continue after a small correction or consolidation. Target 1.3800.
Regards R. Linda!
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🟢Free Telegram Channel:
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