USD/CAD - I do think we are very close to a turn around here. We might see a move to just below 98.79, but support at 98.38 should not be in danger of being broken. Therefor I think this is a low risk opportunity with a stop just below 98.38. I'm still looking for a break above resistance at 100.49, that should pull the trigger for a continuation higher towards 102.25 and probably closer to 103.20.
A surprise move below 98.38 will challenge support near 97.50.
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