Despite edging lower to 1.2410 last week, USD/CAD got strong support from 1.2406 and recovered. Near term outlook remains unchanged. As long as 1.2406 holds, recent up trend is still expected to extend through 1.2834 to 1.3063 key resistance. However, note that firstly, the rise from 1.2406 to 1.2834 could
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