The pair is correcting downwards and trading at 1.0578 Canadian dollars per US dollar, right now. In one hour, we'll have the US GDP results. If they beat expectations, the trend could be reversed.

The price is correcting to the middle band, after breaking the upper band of Bollinger, while the one hour candles RSI is on neutral ground.

If the trend doesn't shift, the 200 days MA could act as a support, while the fibo 61.8%, between 1.0644 and 1.0562, could act as a resistance.

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