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TFC Commodity Trading Forum

USDCAD for 14/2/2014 *LINK* *PIC*

USDCAD broke below 1.0967 support, suggesting that the downtrend from 1.1224 has resumed. Further decline could be expected, and next target would be at 1.0800 area. Resistance is at 1.1100, only break above this level could signal completion of the downtrend.