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USDCAD News

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Last Updated Date: 2 February 2022 @ 9:32 AM (UTC)
*Please note that all the dates are in GMT time zone

The USDCAD market signals a short term bear setup with the prevailing bear trend of previous months calling for an attack under the 1.2654 swing low. A close under 1.2654 projects a larger bear wave to 1.2562. The reluctance to stay under 1.2654 hints for rebounding action, but trade needs a close over 1.2683 (SAR) to renew a bottoming formation.
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