USD/CAD Forecast. Dollar Continues To Rebound From Multi-Month Lows

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USD/CAD Attempts To Settle Below 1.4330

USD/CAD made an attempt to settle above the 50 MA at 1.4371 but lost momentum and pulled back below the resistance at 1.4330 – 1.4350.

A move below the 1.4300 level will push USD/CAD towards the recent lows near 1.4260.

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