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FXstreet.com (Barcelona) – The USD/CAD has been trade to a upside given Oct 27 with flourishing concerns on a Eurozone debt predicament and tragedy between Israel and Iran, as Iran develops a chief program. This European event has shown a diseased greenback, as Germany published a aloft than approaching PPI and are rumors on talks between a IMF and a ECB for a emperor debt shopping deal.
The span has strike a uninformed 1-month high, during 1.0301, and fell by a draft after being incompetent to crack opposite 1.0300 psychological level. At a impulse of writing, a USD/CAD is quoting during 1.0257.
Mataf.net suggests resistances during 1.0415, followed by 1.0335 and 1.030. As for supports, they competence be during 1.0155, 1.0205 and 1.0265.
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