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The Canadian currency shows the strength as I wrote earlier. The current price has stopped at the support level that was created in the second half of January. A question arises as to the further direction ahead of Thursday’s macroeconomic data. Canada is projected without major changes, the situation is estimated at the same stable level. America is estimated to recover through more merchandise sales and overall economic recovery. The question is whether these data will be enough for the dollar to regain some losses against many currencies? I have little concerns about this, but personally I count on at least a correction. The second picture shows the support that goes beyond the current price levels.
