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Following the FOMC, the US dollar / Canadian dollar currency pair declined significantly. There was a breakout from a channel that I expected to hold, but nothing is lost yet as breakouts are a normal thing. I have marked the place where a possible return to the growth channel may take place, as today’s data for the US are forecast to improve the situation. But is this enough after yesterday’s weakening of the dollar? Today we will see if there is any signal in the designated zone.

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