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USDCAD News

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Last Updated Date: 21 April 2021 @ 8:17 AM (UTC)
*Please note that all the dates are in GMT time zone

The USDCAD market is triggering a short term upturn, looking for attempts to extend rallies and attack the previous swing high peaking levels. A breakout over the 1.2631 swing high signals a stretch to 1.2683. Minor corrective dips should only last 1-2 days at this stage of the drive and likely fight to rebound from 1.2554. A close under 1.2500 is bearish and suggests a secondary selling wave.

 
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