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USDCAD Slides on Weaker Canadian GDP, Nears Key Support Amid Resistance Pressure

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The Story

News Summary

  • USDCAD dropped sharply after weaker-than-expected Canadian GDP data, testing key support near 1.3937.
  • Resistance around 1.3968–1.3975 limits upside, maintaining short-term bearish bias with possible further declines toward 1.3895 support zone.
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USDCAD price history

1.39 +0.72% over the displayed period

Advisor Snapshot

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