The initial outlook for this week is neutral

FX:USDCAD   U.S. Dollar / Canadian Dollar
As the USD/CAD lost momentum again ahead of 1.34596 resistance last week, we'd stay cautious on the resistance from 1.34596 to bring another falling leg to extend the consolidation from there. Below 1.3223 minor support will turn bias back to the downside for 1.3037 support. Break there will target 1.2830 support and possibly below.


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