Analysis of recent data shows that USDCAD is likely to trade between 1.285 and 1.295.
As long as price holds below 1.3 and above 1.28, neutral bias would be the possible scenario for one or two weeks.
1.293 is a key level where it is expected to push the rate down toward 1.285/1.288 zone.
As long as price holds below 1.3 and above 1.28, neutral bias would be the possible scenario for one or two weeks.
1.293 is a key level where it is expected to push the rate down toward 1.285/1.288 zone.
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