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rivac7
Jul 13, 2014 4:19 AM

USDCAD on the acceptance level Long

U.S. Dollar/Canadian DollarFXCM

Description

After the weak economic data from Canada, USDCAD rose as to show hawkish sentiment from investors. A new demand level for the acceptance levels formed at around 1,06866 that may be a strong support for this pair going upside. This pair, in weekly tf, lies on a demand level and way farther from the supply level on a bigger picture.
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