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USD/CAD failed to sustain 1.2485, 61.8% Fibonacci retracement

Friday, May 29, 2015 3:20 AM UTC

Fraction softer in Asia - opened at -0.15% with a shooting star reversal
Close below 1.2420 would leave a 1.2538 top in place
Momentum studies conflict, 5, 10 & 20 dma's track north - net positive
Initial support/resistance are seen at 1.2412 and 1.2434 levels

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USD/CAD failed to sustain 1.2485, 61.8% Fibonacci retracement

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