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USD/CAD bias remains on upside

  • Traders are long at 1.2518 for 1.2650 while their stop is 1.2415

  • Tenkan & kijun lines are aligned positively, reinforcing upside potential

  • Medium-term picture is bullish as 1.2286 intact

  • 1.2286 - 23.6% retrace of the 1.0620 to 1.2800 up-leg

 

  • Market Data
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