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Based on the 4-hour chart, the USD/CAD pair is now trying to touch the 1.3623 level as the first target and 1.3715 as the secondary target as long as the Loonie does not retrace downwards and closes below 1.3485. If the pair can pass the 1.3485 level, this scenario will be automatically cancelled.
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The material has been provided by InstaForex Company - www.instaforex.com