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USD/CAD 23 MAR 2018 | EconAlerts

Technical Analysis – USD/CAD

USD/CAD facing strong selling interest; pullback on 9-month high of 1.3123. USD/CAD plummeted aggressively on Wednesday after the pullback to the 61.8% Fibonacci retracement level near 1.3130 of the down-leg from 1.3800 to 1.2060. The price came under heavy selling pressure after hitting a 9-month high. However, during yesterday’s trading session it pared some losses and posted

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