USDCAD
The pair is in a corrective set-back from 1.3278 that appears to be in final stages of wave 2(c). Another low however may follow in the next few sessions, down to around 1.3040 area where the downside trend can be limited. We think that sooner or later price will turn bullish then, back to 1.3278. A rise and a daily close above the channel resistance line will indicate a complete decline.
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