USD/CAD stayed in range trading above 1.3730 short term bottom last week. Initial bias remains neutral this week first. With 1.3938 resistance intact, further decline is expected. Break of 1.3730 will resume the fall from 1.4247 to retest 1.3480 low. However, firm break of 1.3938 will bring stronger rebound back towards 61.8% retracement of 1.4247 […]
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