USD/CAD (USDCAD=X)

 

usd/cad In the bigger picture, strong rebound ahead of % retracement of to at key fibonacci level retains medium term bullishness. That is, rise from low at is.

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USD/CAD Pivot Points Explanations Pivot points are very useful tools that use the previous bars’ highs, lows and closings to project support and resistance levels for future bars. Daily pivot.

In the bigger picture, a medium term bottom should be in place at 1. That carries some long term bearish implications. On the downside, in case of another retreat, downside should be contained well above 1. In the bigger picture, strong rebound ahead of That is, rise from low at 1. On the downside, as long as 1. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other.

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