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NEWS: USDCAD trades to a new low for the year but not by much. Why? May 11, 2021 at 03:33PM


The low from yesterday reach 1.20783. The low for the stay reach 1.20776.
The hesitancy is likely due to the pair moving closer to the September 2017 low at 1.20612.  A move below that level would have the USDCAD trading at the lowest level since May 2015. 

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