{"id":53581,"date":"2014-07-02T01:47:01","date_gmt":"2014-07-02T05:47:01","guid":{"rendered":"http:\/\/countingpips.com\/?p=53581"},"modified":"2014-07-02T01:47:01","modified_gmt":"2014-07-02T05:47:01","slug":"usdcad-remains-in-downtrend-from-1-0960","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/07\/usdcad-remains-in-downtrend-from-1-0960\/","title":{"rendered":"USDCAD remains in downtrend from 1.0960"},"content":{"rendered":"<div id=\"inves-2626760765\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 2, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><div class=\"entry-content clearfix\">\n<p>USDCAD remains in downtrend from 1.0960, and the fall extended to as low as 1.0628. Near term resistance is located at the falling trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.0500 area. On the upside, a clear break above the trend line resistance will indicate that consolidation of the downtrend is underway, then range trading between 1.0620 and 1.0710 could be seen.<\/p>\n<div style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexcycle.com\/archive2014\/20140702_usdcad_1.png\" alt=\"usdcad chart\" width=\"400\" height=\"300\" border=\"0\" \/><\/div>\n<div style=\"text-align: left;\"><\/div>\n<div style=\"text-align: left;\">By <a href=\"http:\/\/ForexCycle.com\/\" target=\"_blank\">ForexCycle.com<\/a><\/div>\n<div style=\"text-align: left;\"><\/div>\n<div style=\"text-align: left;\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>USDCAD remains in downtrend from 1.0960, and the fall extended to as low as 1.0628. Near term resistance is located at the falling trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.0500 area. On the upside, a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-53581","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/53581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=53581"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/53581\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=53581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=53581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=53581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}