Thursday, October 15, 2026

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USD/CAD failed to perform a daily close sub 1.1989

A daily close below 1.1989 will weaken the market construction significantly Concrete resistance between the 1.2074/1.2125 region, April 29 high/Tenkan-Sen Traders anticipate to short at 1.2100 for profit taking

By Earlence Fernandes
1 min read
USD/CAD failed to perform a daily close sub 1.1989
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  • A daily close below 1.1989 will weaken the market construction significantly

  • Concrete resistance between the 1.2074/1.2125 region, April 29 high/Tenkan-Sen

  • Traders anticipate to short at 1.2100 for profit taking

 

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