USDCAD buyers are still holding the line at the 100/200 support target

The USDCAD has been one of the strongest trending currency pairs since May 1, rallying from a low of 1.35492 to a peak of 1.42473, a level that capped advances on June 24, June 25, and June 30. Since that triple-top formed, however, the pair has shifted from trending to consolidating. Over the past two weeks, USDCAD has traded within a relatively tight 100-…

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