USD/CAD:Pullback 50% FIBO on The Support Area - LONG Setup
USD/CAD experiences a pullback at the previous support level that coincides with the 50% Fibonacci retracement level, it could potentially create a bullish momentum for the USD in line with the prevailing trend. However, the currency pair may encounter resistance in its attempt to sustain its five-month high, which could lead to a further pullback.
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