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USDCAD Testing Ichimoku – US Economy Overview
The US dollar got a bit of a boost on Monday with USDCAD testing Ichimoku. Is the new sentiment enough to breakthrough? Also what's up on the economic calendar on the final days of summer?On lower oil prices, USDCAD testing Ichimoku however with low trading volumes during the final weeks of summer we could expect the pair to continue its consolidation between 1.27 and 1.33. The pivot level lays on the 23% Fibonacci retracement level at 1.30 with support at 1.25. US Dollar Fundamentals Coming up... On the economic calendar the US will release their set of Markit manufacturing PMI on Tuesday at 1:45 PM GMT and their ... (full story)
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