{"id":28202,"date":"2012-03-13T21:33:27","date_gmt":"2012-03-14T01:33:27","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28202"},"modified":"2012-03-13T21:33:27","modified_gmt":"2012-03-14T01:33:27","slug":"usdcad-remains-in-consolidation-of-downtrend","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/13\/usdcad-remains-in-consolidation-of-downtrend\/","title":{"rendered":"USDCAD remains in consolidation of downtrend"},"content":{"rendered":"<p>USDCAD remains in consolidation of the downtrend from 1.0422 (Dec 14, 2011 high). Lengthier sideways movement in the range between 0.9841 and 1.0050 would likely be seen in a couple of days. Support is at 0.9841, a breakdown below this level could signal resumption of the downtrend, then next target would be at 0.9700-0.9800 area. Only break above 1.0050 could indicate that the fall from 1.0422 had completed.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2012\/03\/20120314_usdcad_1.gif\" alt=\"usdcad\" width=\"400\" height=\"300\" \/><\/p>\n<p><a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">Daily Forex Forecast<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCAD remains in consolidation of the downtrend from 1.0422 (Dec 14, 2011 high). Lengthier sideways movement in the range between 0.9841 and 1.0050 would likely be seen in a couple of days. Support is at 0.9841, a breakdown below this level could signal resumption of the downtrend, then next target would be at 0.9700-0.9800 area. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/13\/usdcad-remains-in-consolidation-of-downtrend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCAD remains in consolidation of downtrend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28202","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28202"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28202\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}