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USD/CAD Forecast Jan. 4-8 2021 – Investors eye employment releases

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We start with resistance at 1.3046.

1.2938 switched to resistance at the start of December, when USD/CAD started its slide.

1.2831 is the first line of support.

1.2768 (mentioned last week)  is next.

1.2642 has held in support since April 1.

1.2578 is next.

1.2490 is the final support level for now.

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