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USDCAD runs lower with the dollar selling

July 08, 2020 at 03:30PM

USDCAD runs lower with the dollar selling
High stalled at swing area. Break below 100 hour MA added to the downside momentum
The USDCAD has run lower with the dollar selling and in the process is getting closer to a upward sloping trendline currently at 1.3529. The low for the week (on Monday) reached 1.35185.  The 50% midpoint of the range since the June 9 low comes in
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