USDCAD remains in the downtrend from 1.2662. Further decline is still possible after a minor consolidation and next target would be at 1.2050 area. Resistance is at 1.2500, only break above this level could bring the price back towards 1.2778.
USDCAD Daily Analysis – Wednesday, Sept. 6
USDCAD remains in the downtrend from 1.2662.
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