Friday, October 4, 2013

USD/CAD Candlesticks and Ichimoku Analysis

Although the greenback edged higher this week, as the rebound from 1.0182 is still viewed as retracement of recent decline, reckon upside would be limited to 1.0371-76 (current level of the Kijun-Sen and 50% Fibonacci retracement of 1.0569-1.0182) and bring another decline, below 1.0240-50 would bring another test of said



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