USDCAD’s upside movement from 1.2856 extended to as high as 1.3381.
Near-term support is at 1.3200, as long as this level holds, the upside movement could be expected to continue and next target would be at 1.3450 area. On the downside, a breakdown below 1.3200 support could bring the price back to next support level at 1.3100, followed by 1.3060.
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