Usd/Cad seems to be in a strong move up,
after hitting the lower border of the weekly trendline up, shortly ago
the pair is now in a hurry to gain some ground upwards,
the longer term fibonacci expansion area of 61.8% of the latest weekly move even points to new highs around 1.13:
Usd/Cad weekly chart
On the daily chart we see some strong upward candles,
and the fibonacci expansion areas of the previous two moves up on the daily chart
of 61.8% may be enough to slow the pair down for a while afte…
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