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USDCAD TRADE IDEA
USDCAD is approaching a very strong level from which there have already been five rebounds. The price is testing the upper Bollinger Band, but there is an imbalance at the top.
A break above the 1.3710 resistance level will open the way to 1.3775; A pullback will drop USDCAD to 1.3660 and further to 1.3640.
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