USD/CAD's up trend resumed by taking out 1.1672 resistance last week and also broke 100% projection of 1.0181 to 1.1278 from 1.0620 at 1.1717. Initial bias remains on the upside this week. Current rally would target 161.8% projection at 1.2395 next. On the downside, break of 1.1564 support is needed
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