{"id":42187,"date":"2013-09-19T23:11:57","date_gmt":"2013-09-20T03:11:57","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2013\/09\/usdcad-remains-in-downtrend-from-1-0559\/"},"modified":"2013-09-19T23:11:57","modified_gmt":"2013-09-20T03:11:57","slug":"usdcad-remains-in-downtrend-from-1-0559","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/09\/19\/usdcad-remains-in-downtrend-from-1-0559\/","title":{"rendered":"USDCAD remains in downtrend from 1.0559"},"content":{"rendered":"<p>USDCAD remains in downtrend from 1.0559, the rise from 1.0182 is treated as consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to resume, and another fall towards 1.0000 is still possible. One the upside, a clear break above the trend line resistance will indicate the lengthier consolidation of the downtrend from 1.0568 is underway, then range trading between 1.0182 and 1.0350 could be seen.<\/p>\n<p><img decoding=\"async\" alt=\"usdcad\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2013\/09\/20130920_usdcad_1.png\" \/><\/p>\n<p>Provided by <a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">ForexCycle.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCAD remains in downtrend from 1.0559, the rise from 1.0182 is treated as consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to resume, and another fall towards 1.0000 is still possible. One the upside, a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/09\/19\/usdcad-remains-in-downtrend-from-1-0559\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCAD remains in downtrend from 1.0559&#8221;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-42187","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/42187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=42187"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/42187\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=42187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=42187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=42187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}