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USD/CAD

Larson&Holz

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The current restrictions for OPEC and other countries levels the Demand and Supply balance, which makes the prices for Black Gold stabilize.

Even though the Canadian Dollar has no reasons for any volatility at the last trading week of the year, yet we see CAD strengthening dynamically. It was caused by USD fall and growth of the crudes price.

Larson&Holz specialists recommend selling USD/CAD below the point 1,2590, the aims are: 1,2580 and 1,2550.

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