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CHARTPOINT

USDCAD - poised to resume uptrend

USDCAD pivoted off the highs of 1.3661 at the beginning of the year, and has been consistently moving sideways for extended periods of time, on the backdrop of a macro uptrend since 2011. The second time prices took a turn lower was at the beginning of June when USDCAD was sitting at 1.3529...

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