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USD/CAD Forecast Feb. 15-19

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Canadian dollar posted modest gains last week, as USD/CAD closed the week at 1.3845. This week has three key indicators – Manufacturing Sales, Core CPI and Core Retail Sales. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. In the US, employment numbers bounced back with solid readings, while retail sales reports were soft but met expectations. In Canada, Building Permits posted a strong gain. Updates: USD/CAD daily graph with support and

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