USD/CAD Weekly Outlook

USD/CAD's correction from 1.0727 continued last week and extended further to as low as 1.0421, touching mentioned 38.2% retracement of 0.9974 to 1.0727 at 1.0439. At this point, further downside could still be seen as long as 1.0593 minor resistance holds. However, downside of the correction is expected to be...



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