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USDCAD: Trades Below Key Resistance, Retains Corrective Pullback Bias

USDCAD: With the pair reversing its Tuesday gains to close lower on Wednesday, risk of a follow through lower is envisaged. Despite its present price hesitation downside threat remains while the pair holds below the 1.3100/49 zone. Resistance resides at the 1.3050 level followed by the 1.3100 level. Further out, the 1.

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