Having reached the 38.2 Fibonacci retracement, the pair price is facing resistance there. As such the Canadian dollar might take the technical advantage and bring the price down to 1.4650 and then 1.4630.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.