By ForexMansion.com

 

The USD/CAD fell today, but found support at the 0.98 area like recent attempts to completely break it down have ended. We have a clearly defined area that this pair wants to play in now, and that is between 0.97 and 1.0000 as it has been struggling to break out of either side of this range.

Until we can get a break in one direction or another – this is a scalping pair, with the shorter-term charts being the preferred entry.

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