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JinDao_Tai
Nov 10, 2023 9:28 AM

USDCAD Analysis 10-11-23 Long

U.S. Dollar/Canadian DollarFXCM

Description

Continuation to the upside for the USDCAD, if the price breaks above the current high of 1.3815.

A move higher would be driven by a continual strength of the DXY.

Look for the USDCAD to retest the resistance level of 1.3890, with the potential of a reversal at the resistance.
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