{"id":6736,"date":"2010-02-10T21:06:49","date_gmt":"2010-02-11T02:06:49","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=6736"},"modified":"2010-02-10T21:06:49","modified_gmt":"2010-02-11T02:06:49","slug":"usdcads-fall-from-1-0779-extends-to-as-low-as-1-0579","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/02\/10\/usdcads-fall-from-1-0779-extends-to-as-low-as-1-0579\/","title":{"rendered":"USDCAD\u2019s fall from 1.0779 extends to as low as 1.0579"},"content":{"rendered":"<p>USDCAD&rsquo;s fall from 1.0779 extends to as low as 1.0579 level, suggesting  that a short term cycle top has been formed at 1.0779 on 4-hour chart.  Deeper decline to test 1.0545 key support would more likely be seen  later today, a breakdown below this level will indicate that the uptrend  from 1.0224 has completed at 1.0779 already, then pullback to 1.0450  area could be expected to follow. However, as long as 1.0545 support  holds, the price action in the trading range between 1.0545 and 1.0779  is treated as consolidation of uptrend, one more rise to 1.1200is still  possible after consolidation.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2010\/02\/20100211_usdcad_1.gif\" alt=\"usdcad\" width=\"400\" height=\"300\" \/><\/p>\n<p>Written by <a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">ForexCycle.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCAD&rsquo;s fall from 1.0779 extends to as low as 1.0579 level, suggesting that a short term cycle top has been formed at 1.0779 on 4-hour chart. Deeper decline to test 1.0545 key support would more likely be seen later today, a breakdown below this level will indicate that the uptrend from 1.0224 has completed at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/02\/10\/usdcads-fall-from-1-0779-extends-to-as-low-as-1-0579\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCAD\u2019s fall from 1.0779 extends to as low as 1.0579&#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-6736","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/6736","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=6736"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/6736\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=6736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=6736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=6736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}