PRICE rejected daily 764 fib yesterday and broke resistance to upside. Today price retraced and found support at 1.24800 significant zone. USD CAD heavily oversold, anticipating positive US news today. DXY is also at key support zone and broke descending trendline on 2hr tf indicating bullish pressure mounting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.