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USDCAD trades in ascending channel

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Since 15.Dec USDCAD has been trading in the ascending channel that starts from 1.3673. Once we test it's upper border in 1.4000 area expect pair rebounding down to 1.3940. Further resistance is set at R1 pivot point 1.4016.

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