Thursday, October 15, 2026

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USD/CAD in tight range in early Asia

Recent consolidation above 1.1940 double bottom turned technical's neutral Momentum studies flat line, 5 & 10 dma's base, 20 dma falls - mixed signals Initial resistance is seen at 1.2137, 1.2280 38.2% Fibonacci Retracem…

By Earlence Fernandes
1 min read
USD/CAD in tight range in early Asia
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  • Recent consolidation above 1.1940 double bottom turned technical's neutral

  • Momentum studies flat line, 5 & 10 dma's base, 20 dma falls - mixed signals

  • Initial resistance is seen at 1.2137, 1.2280 38.2% Fibonacci Retracement

  • Support is found at 1.2065

 

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