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USDCAD






2/3/2015 1:38:51 AM

USDCAD - Technical Analysis: Tuesday, 03/02/2015 06:38 GMT



The pair continues the main positive rally supported by the exponential moving average 50, and stochastic gains positive momentum that reinforces the chances of achieving extended targets for the upcoming period.

The psychological barrier 1.3000 represents the next target, and it’s important to be aware from any potential bearish correctional wave that might appear.


Target
Risk


Support
Resistance


Trend Bullish

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