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USD/CAD Outlook (10 February 2022)

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Overall, USD/CAD is ranging across. Recently, USD/CAD bounced down from the key level of 1.27.

Bank of Canada Governor Macklem will be speaking tomorrow at 0100 (GMT+8). During this time, there may be volatility in CAD.

USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200.
Look for short-term selling opportunities of USD/CAD.

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