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USDCAD Weekly Analysis (29 June - 3 July, 2015) | June 28, 2015



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Usdcad is facing 200 ema on h4 time frame. It can be good support for this pair. Another near term support for this pair lies on 1.2270-1.2285 level. If any bullish sign appears on h1 or h4 time frame, then we can go for buy on usdcad pair. This support level will be critical for this pair to hold bullish momentum on this pair. Below this support level, this pair can fall more.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.2524

Resistance One (R1): 1.2422

Pivot Point: 1.2319

Support One (S1): 1.2217

Support Two (S2): 1.2114


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