USDCAD - short scenario
USDCAD is trading in a range-bound market, where the price recently retested its 1.3900 psychological level and retraced back lower at its current level. Although, as the short-term persists in a downward momentum, a further continuation lower is anticipated with the first target at 1.3365 where a further continuation lower set 1.3180-1.3150 as a second target ahead.
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