weekly
USD/CAD rose sharply to as high as 1.0099 last week and the break of 1.0056 confirmed resumption of whole rebound from 0.9633. Initial bias remains on the upside this week for 100% projection of 0.9633 to 1.0056 from 0.9815 at 1.0238 next. On the downside, below 1.0035 minor support will turn bias neutral and bring consolidations. But retreat should be contained by 0.9970 and bring another rally.
daily
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