{"id":8709,"date":"2010-04-20T22:08:39","date_gmt":"2010-04-21T02:08:39","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=8709"},"modified":"2010-04-20T22:08:39","modified_gmt":"2010-04-21T02:08:39","slug":"usdcad-formed-a-cycle-top-at-1-0215","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/04\/20\/usdcad-formed-a-cycle-top-at-1-0215\/","title":{"rendered":"USDCAD formed a cycle top at 1.0215"},"content":{"rendered":"<p>USDCAD formed a cycle top at 1.0215 level on 4-hour chart and dropped sharply to as low as 0.9970 level. Deeper decline to test 0.9953 previous low support is still possible later today, a breakdown below this level will indicate that the longer term downtrend from 1.0779 (Feb 5 high) has resumed, then another fall towards 0.9800 could be seen. However, minor consolidation would more likely be seen before breaking below 0.9953 level.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2010\/04\/20100421_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 formed a cycle top at 1.0215 level on 4-hour chart and dropped sharply to as low as 0.9970 level. Deeper decline to test 0.9953 previous low support is still possible later today, a breakdown below this level will indicate that the longer term downtrend from 1.0779 (Feb 5 high) has resumed, then another fall &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/04\/20\/usdcad-formed-a-cycle-top-at-1-0215\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCAD formed a cycle top at 1.0215&#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-8709","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8709","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=8709"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8709\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=8709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=8709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=8709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}