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USD/CAD Continues to Bump Against Median Line (Uptrend Resistance)

Chart Prepared by Jamie Saettele, CMT

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-“USDCAD has broken through resistance, indicating potential for the long term bull move to reassert. Watch 1.2540/60 for support.” The cited support was never reached but the bull trend has reasserted. Watch the March high for support at 1.2834.

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