USD/CAD dropped sharply last week but stayed in range of 1.2586/2899. Initial bias is mildly on the downside this week with focus on 1.2586 support. Firm break there will argue that rebound from 1.2448 has completed at 1.2899. Deeper fall would be seen back to 1.2448 support first. On the upside, however, break of 1.2697 […]
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