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USD/CAD recovery expected

  • Spot obtained support ahead of the Ichimoku cloud on Wed

  • Inability to close below 1.2535 - 23.6% retrace of  1.1565 to 1.2835 up-leg

  • Traders are looking to go long at 1.2590 in expectation for gains to 1.2835

  • 1.2815 - 2015 high seen on Wed

 

  • Market Data
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