We are watching very closely USDCAD today after sharp rebound during NFP. The pair currently sit on 50% retracement around 0.9950 and forming double top on 1hr and 4hrs chart. A break above 1.000 will lead to further strengthen on USDCAD. If fail to break the 1.0000, we forecast it will test pre-nfp low around 0.9735.
Good Luck
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