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16.07.201806:54 Forex Analysis & Reviews: Technical analysis of USD/CAD for July 16, 2018

Long-term review

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If we look at the 4-hour charts at the loonie, the overall bias of this pair still in a Bullish condition. This already can be seen by the price moving in an up slope channel, but now the USD/CAD pair has a correction and will try to test its nearest support level, as long as it does not break out and close bellow the 1.3041 the bias from this pair still in Bullish condition.

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