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11.01.2022: Forex Analysis & Reviews: USD/CAD analysis for January 11, 2022 - Potential for the upside rotation towards 115.80


Technical
analysis:

analytics61dd7a444f928.jpg


Gold
has been trading upside today and I see potential for the upside
breakout
of the key intraday resistance at $115,46.


Trading
recommendation:


Watch
for the breakout of key resistance at 115,46 and potential upside
continuation.


Watch
for buying opportunities on
the breakout
with the potential upside objectives at 115,80
and 116,30.


Stochastic
oscillator
is showing fresh bull cross and bullish divergence,
which
is sign n


Support
level is set at the price of $1,802


The
short-mid trend is still upside....

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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