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USD/CAD Weekly Outlook
USD/CAD’s rally from 1.2286 continued last week and outlook is unchanged. Initial bias remains on the upside for retesting 1.2894/2947 resistance zone. Break there will target 1.3022 long term fibonacci level next. On the downside, break of 1.2639 support is needed to indicate short term topping. Otherwise, outlook will remain bullish in case of retreat. […]
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