{"id":9072,"date":"2010-05-03T21:31:40","date_gmt":"2010-05-04T01:31:40","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9072"},"modified":"2010-05-03T21:31:40","modified_gmt":"2010-05-04T01:31:40","slug":"usdcad-moved-sideways-in-a-range-between-0-9930-and-1-0215","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/03\/usdcad-moved-sideways-in-a-range-between-0-9930-and-1-0215\/","title":{"rendered":"USDCAD moved sideways in a range between 0.9930 and 1.0215"},"content":{"rendered":"<p>USDCAD moved sideways in a range between 0.9930 and 1.0215. The price action in the range is treated as consolidation of longer term downtrend from 1.0779 (Feb 5 high). As long as 1.0302 key resistance holds, we&rsquo;d expect downtrend to resume, and another fall to 0.9800 is possible after consolidation. However, a break of 1.0302 will indicate that the fall from 1.0779 has completed at 0.9930 already, then the following uptrend could take price to 1.0500 area.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.forexcycle.com\/wp-content\/uploads\/2010\/05\/20100504_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 moved sideways in a range between 0.9930 and 1.0215. The price action in the range is treated as consolidation of longer term downtrend from 1.0779 (Feb 5 high). As long as 1.0302 key resistance holds, we&rsquo;d expect downtrend to resume, and another fall to 0.9800 is possible after consolidation. However, a break of 1.0302 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/03\/usdcad-moved-sideways-in-a-range-between-0-9930-and-1-0215\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCAD moved sideways in a range between 0.9930 and 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-9072","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9072","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=9072"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9072\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}