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USDCAD ANALYSIS OVER H1 CHART.

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USD/CAD dips to about 1.3650 as a result of increased risk appetite and rising oil prices.

Following two days of advances, the USD/CAD pair declines, trading on Thursday during the Asian session at 1.3680. Following the release of conflicting economic data in the US, which stoked interest rate decrease rumors by the US Federal Reserve (Fed), the US Dollar (USD) suffered. On Friday, investors will be watching for the release of important US employment data, such as nonfarm payrolls and average hourly earnings.

The US dollar and the USD/CAD pair are weakened as a result of investors' negative opinion toward the Fed's rate drop. On Friday, investors will be watching for the release of important US employment data, such as nonfarm payrolls and average hourly earnings.

Looking for a good Selling Opportunity.

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