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KarYong

USDCAD: Several confluence resistance ahead

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
KarYong  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD confluence Fibonacci FXP
4
0
usdcad confluence fibonacci fxp
Fundamentally, USD is strong and CAD is still rather bearish.

However, looking at technical aspects, we are seeing some nice confluence where price might face some resistance.

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