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USD / CAD Technical View Point

USD / CAD

October 17 2017 - 9:47pm EDT

The United States dollar is showing signs of an uptrend and a potential head and shoulders formation which could propel its value to the 1.28$ and 1.30$ high value areas. Since it hit its latest bottom value at 1.2061 it has been seen climbing back steadily and only endured a minor correction.