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USDCAD July 16, 2018 Weekly Analysis

Exclusive Capital Ltd.

Even though the Bank OF Canada sounds optimistic as far as the economy and inflation are the major concerns amid the trade conflicts and the NAFTA negotiations resuming, the appreciation for the CAD at this period seems limited. Major support is found at the 1.3060 zone and resistance at 1.3210.

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Exclusive Capital Ltd. Review

Source: https://www.exclusivecapital.com/usdcad-july-16-2018-weekly-analysis/
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