- USDCAD above MA and Pivot Point. RSI is above 50 level mark. Up Trend is observed. - Downward Triangle and Downward Channel are formed and priced is placed near the top of both channel & triangle. Above R1 – 1.28404 new upward movement may be found. - Alternative Scenario – Trend reversal may be found below S1 – 1.27881. - Watch out levels for intraday trading.
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