Noteworthy buying support at 1.0900 may limit further declines for the Loonie USD/CAD has shrugged off previous signs of a potential reversal as the pair continues to decline further. This suggests ...
Those eager to trade could look to the hammer – targeting perhaps the 50-day at 0.9260. This might be confirmed by a move above yesterday's high at 0.9216 – say 0.9220 - to be on the safe side.
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