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Canada changes the trend?

Larson&Holz

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For the last 4 months USD/CAD has been on a steady downward trend. The situation started to change in the middle of October on weak economic data. And if USD/CAD is not in the trend change position, then it is at least at its deep correction. Many technical analysis instruments prove that. If the trend follows in the same directions, then Larson&Holz analysts expect the price for the USD/CAD currency pair to reach 1,29350.

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