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USDCAD extends towards the 2023 and 2022 highs. Key resistance near the 1.3859 area.

USDCAD continues its upward movement after breaking through a key ceiling area near 1.3623 last week. Today’s price extends towards the next resistance targets near 1.3859. Go above this level and the 2023 high price at 1.38989 would be the next target.

This article was written by Greg Michalowski at www.forexlive.com.

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