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USDCAD Dips Below 1.4000 as Buyers Enter Swing Area; Bearish Bias Persists

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The Story

News Summary

  • USDCAD declined below key support at 1.4000 and the 61.8% retracement, now trading in a buyer-support swing area around 1.3970, hinting a possible low but maintaining a bearish bias for now.
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USDCAD price history

1.39 +0.72% over the displayed period

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