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U.S. Dollar / Canadian Dollar

USDCAD - analysis of current level.

By meaax.b
The chart looks interesting and despite the further evidence of declines, it is at a very important level. This moment is either a continuation of the "here and now" downturns- or breaking overbalance + resistance zone and leaving the new growth momentum to 50% of the total fall. In my opinion - we are looking for long positions on first correction.
Trend Analysis

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