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Yesterday I wrote about the Canadian currency and the fact that I will not trade it. I did not approach this chart because I was expecting the uncertainty that is taking place. Yesterday I assumed declines in this pair and as you can see the rate is going down. A few speeches today, inflation data, a conference on monetary policy, all this means that the currency pair may be very unstable today and moves on this instrument will be technically unjustified.
In case of large drops, a marked zone should hold the price for longer.
