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USD/CAD Technical Analysis.

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Currently, USD/CAD is trading at 1.3388. The pair is consolidating in the ascending triangle pattern. Previously, the pair was trading in a down trend. There is a great possibility that the pair will rebound back from its resistance level . But if the price breaks the resistance level at 1.3452, then It may start a new up trend and its first target price will be at 1.3544 and second target price will be at 1.3600.

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Rishikesh Lilawat

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