Thursday, October 15, 2026

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USD/CAD Negative setup targets 1.1986, 38.2% Fibonacci Level

-0.1% in Asia on broad USD weakness - CLc1 oil trades -0.6% Opened -1.6%, as oil surged 5% yesterday to close +9.5% for the week 1.2360 range base has broken - momentum studies, 5, 10 & 20 dma's head lower Initial suppor…

By Earlence Fernandes
1 min read
USD/CAD Negative setup targets 1.1986, 38.2% Fibonacci Level
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  • -0.1% in Asia on broad USD weakness - CLc1 oil trades -0.6%

  • Opened -1.6%, as oil surged 5% yesterday to close +9.5% for the week

  • 1.2360 range base has broken - momentum studies, 5, 10 & 20 dma's head lower

  • Initial support/resistance at 1.2246/1.2306 

 

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