USD/CAD Price Analysis: The 1.2780's are in focus now that bulls are back in control By ross_burland USDCAD Technical Analysis
, the price had found stability in the hourly lows but it has carved out a lower low as follows:
The buyers picked up a bargain below the lows and added length back into the structure to take out the prior hourly resistance. This has resulted in a break of daily highs with eyes on the 1.2780's and the Feb highs for the days ahead. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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