USD/CAD Daily Analysis – Tuesday, July 17

USD/CAD failed to breakout of 1.3224 resistance and pulled back to 1.3100 area. Further decline to test 1.3063 support would likely be seen and a breakdown below this level could take the price to 1.2900 area. Only a break of 1.3224 resistance could signal resumption of the uptrend from 1.3063.

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