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USDCAD currency pair recently reversed up from the support zone located between the key support level 1.26350 (which has been reversing the price from the end of November), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse wave (1) from the middle of October. The upward reversal from the support level 1.26350 stopped the earlier impulse wave C. Given the rising bullish US dollar sentiment that can be seen across the currency markets today – USDCAD
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