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USDCAD Forex Weekly - 17 - 21 Aug 2020

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD drop to seven month lowest since January 30 with six week down channel and the decline of the US Dollar against all majors

Technically it will try for another break towards 1.3190 key level support and our pitchfork is pointing downtrend channel and we are targeting price go further lower

Break below key support level will bring another leg towards downside further median to lower line support level

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