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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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USD/CAD - The Bullish Momentum Continues

USD/CAD is still moving higher despite signs of short-term exhaustion after its overextended rise. The short-term technical structure is positive as long as the hourly support at 1.3261 (uptrend channel) holds. Hourly resistance lies at 1.3417 (24/09/2015),

In the longer term, the break of the key resistance at 1.3065 (13/03/2009 high) has indicated increasing buying pressures, which favours further medium-term strengthening. Support can be found at 1.1731 (06/01/2015 low).

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