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USD/CAD holds around 1.32. Economists at Scotiabank analyze the pair’s technical outlook.
The USD is looking a little oversold from a technical perspective so some back and filling of recent losses would not surprise in the short run.
Gains through 1.3225/30 in the next day or so would give the USD a little more short-term support. There will be firm resistance on gains towards the low 1.33 zone, however, and scope for significant USD gains from here looks very limited on the charts.
The broader technical picture points to a USD decline towards the upper 1.29s after losing major support in the low 1.33s.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
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