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The Canadian has now come to an interesting place because the upward correction was quite intense, but as I wrote earlier, this currency pair is characterized by a slightly different specificity of corrections. Corrections in USDCAD are stronger, as if more geared towards clearing hedging orders, and when almost touching support or resistance, the correct movement in that direction is once again followed.

The scenario presented below can be implemented, but due to the specificity, we will update the chart, because a lot may change (do not forget that we have the end of the year 🙂 )

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