USD/CAD is near significant resistance

The USD/CAD remains in a downtrend, which keeps the potential for decline. The pair, in addition to the weakness of the US dollar, is limited by the resistance level of 1.3050-70, from which a reversal is expected.

Deals for sale should be considered at a turn and in the range of 1.3040-10.

Support levels are located at the levels: 1.2990 and 1.2960.

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Hanzenko Anton

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