Technical analytics



The US dollar demonstrated a confident increase on Wednesday. Buyers pushed the major away from 1.2750 and headed towards 1.2850. They reached the level in the early Asian session and had been trying to overcome it since then. The resistance is at 1.2850, the support stands 1.2800.

The pressure to the upside is likely to persist. If so, the USD/CAD pair will grow to 1.2850.

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