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USDCAD Plummets On Loss Of Upside Steam

USDCAD: USDCAD took a nose dive after failing to follow through higher on its Thursday strength. This development leaves risk lower. Resistance resides at the 1.3100 level where a break will target the 1.3150 level. Further out, resistance comes in at the 1.3200 level where a turn lower may occur. But if further recovery is triggered resistance comes in at the 1.3250 level.

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