USD/CAD Price Movement On July 28, 2020.

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The USD/CAD pair is now trying to go up for retracement with the target at the 50-period MA or to the 1.3445 level as another target. Please pay attention whether the Loonie is back down again, especially whether the pair breaks the 1.3331 level downwards. In this case, the upward scenario will be automatically canceled.

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The material has been provided by InstaForex Company - www.instaforex.com