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USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
benny_marshall  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Wave Analysis Fundamental Analysis USDCAD USD usdcadtechnicalanalysis usdcadforecast usdcadfundamental usdcadanalysis usdcadshort usdcadforecasting usdcadelliot
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trendanalysis waveanalysis fundamental usdcad usd usdcadtechnicalanalysis usdcadforecast usdcadfundamental usdcadanalysis usdcadshort usdcadforecasting usdcadelliot
#USDCAD

USDCAD is currently going UP. This is because the CAD is quite WEAK and the US CPI DATA is very POSITIVE. Currently, MARKETS OVERALL RISK is being OFF. For that reason, we can see that CAD is becoming quite WEAK. They are currently working to make the USD STRONG with ECONOMIC DATA. Therefore, according to today's US ECONOMIC DATA, STOCKS can go down again.

But now USDCAD is getting quite BUY. Anyway, based on the price of USDCAD, we think that it will go back up to the 1.3320 level due to some market sentiment given by the FED and ECONOMIC DATA.
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