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Posted inForex

Canadian Dollar Forecast: USD/CAD Support Breakout Eyed, 2022 Lows in Play

Posted by By 19/03/2022

USD/CAD has trended lower in recent days and now sits above confluence support near the 1.2600/1.2580 area. If this floor is breachedon the downside, a retest of the 2022 lows seems likely.

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