Selected Excerpt:

USDCAD broke near the predicted price of 1.0695 five pips higher at 1.0700. After the break, it head up towards the resistance points near 1.0725 and 1.0745. USDCAD then bounced just above the zone near 1.0745 and started a downwards range. At the moment, the price is at the support zone that has been created around 1.0650. If it breaks this level, look for a move down to support at 1.0605.

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