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Don’t fear to sell USD/CAD

Larson&Holz

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Yesterday, on the 6th of September, the Forex market was whipped up by the news about the interest rate in Canada increasing by 1%, naturally, the market has reacted strongly by knocking the currency pair USD/CAD by almost 3%. Larson&Holz analysts presume, that in this situation the currency pair USD/CAD will maintain its downward trend till it reaches the 1,2000 point.

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