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The pair fell with almost 140 pips today from its daily high, surpassed the 1.3155 support area and is suggesting a slowdown of the bullish trend. Should the pair break the next support at 1.3110 then doors are opened for testing 1.3065.
USD/CAD pushed above its daily range in the last houra and marked a fresh daily high at 1.3178 on the back of a broad-based USD strength. Bulls are eyeing 1.3200 where strong resistance is awaiting.