USD/CAD: TRADING RECOMMENDATIONS

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USD / CAD remains to be inclined to additional decline. Nevertheless, a breakdown of the resistance stage 1.2740 might provoke additional progress of the pair in direction of resistance ranges 1.2880, 1.2940, 1.3040 (see Fundamental Analysis and Market Expectations“).

 

Trading scenarios

Promote ​​Cease 1.2680. Cease-Loss 1.2755. Take-Revenue 1.2643, 1.2590, 1.2500, 1.2460, 1.2170

Purchase Cease 1.2755. Cease-Loss 1.2680. Take-Revenue 1.2880, 1.2940, 1.3040, 1.3070, 1.3160, 1.3200

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**) USD/CAD:  Current Fundamental Analysis and Market Expectations

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