Thursday, November 28, 2013

USD/CAD Candlesticks and Ichimoku Analysis

As the greenback has continued to move higher after brief pullback, indicated resistance at 1.0569 was penetrated, adding credence to our view that further upmove from 0.9633 low has resumed, above 1.0609 resistance would confirm and encourage for further gain to previous chart resistance at 1.0658, then 1.0700 and later towards 1.0750



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