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USDCAD is facing bullish pressure from 1st support !

USDCAD is facing bullish pressure from our first support, in line with the 61.8% fib extension , where we could see a further bounce towards 1st resistance. The RSI is showing signs of increasing bullishness as price approaches our 1st support.

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results

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