USD/CAD remains in the short term downtrend from 1.2757. Deeper decline is still possible and next target would be at 1.2500 area. Resistance is at 1.2757, only break above this level could trigger another bullish movement towards 1.2850.
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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