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Watching the $USDCAD bounce off 1.4005
I'm keeping an eye on $USDCAD; it's had a decent bounce from the 1.4005 level today. If we break and hold below that, my current bullish bias would definitely be in question.
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Agreed, that 1.4005 level is proving to be a key area. I'm curious what kind of volume you're seeing on this bounce; has it been convincing enough to suggest sustained upward momentum, or more of a retest?