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Thoughts on $USDCAD into month-end
I'm leaning towards $USDCAD retesting the 1.4000 level again before month-end, probably a 60% chance. The recent price action has shown some consolidation around the 1.402-1.404 range, with 1.40052 holding as support today, suggesting a gravitational pull back to that psychological level if the dollar weakness persists.
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Interesting take on USDCAD. I'm also watching that 1.4000 level closely, though I'm curious if you've considered the potential impact of any upcoming CAD data that might shift the narrative.