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USD/CAD found some support at 1.3060 but I think it will break out below that level next week.
It bounced off from that level after all, it looks like it will rally towards 1.3150 after all.
It's consolidating around 1.3130 but I think it will continue moving north for now.
The move south continues after all. I think the pair may depreciate to 1.3050.
USD/CAD is slowly inching downward but the big movement will likely happen on Friday after the NFP.
USD/CAD rallied after the fundamentals, let's see whether it will break out above 1.3130 by the end of the day.
Not only there was no breakout but the pair formed an impressive doji candlestick at that resistance on the four-hour time-frame and bounced off from it. We can expect a further move to the downside.
USD/CAD is consolidating for now, it may return back to 1.3100.
The sideways consolidation, I wouldn't trade this pair before it ends.
Consolidation still contunues, the question is whether it will end before the end of the week.
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