USD/CAD is near significant resistance

The USD/CAD pair, after a correction against the Friday decline, is trading in a downward channel, indicating that potential for a decline continues. Significant resistance is located at levels: 1.3280 and 1.3300. The sales zone is located in the range of 1.3260-50, breaking down downwards will open the way to support levels: 1.3200 and 1.3180.

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Hanzenko Anton

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