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November 20, 2024

USD CAD Stalls at One Week Low as Traders Exercise Caution

USD CAD finds tentative support near the mid-1.3900s, reflecting a one-week low reached in today’s Asian trading. This stall comes after a recent slide from highs not seen since May 2020. Currently, prices struggle to gain further momentum amid mixed economic signals. Traders should maintain caution as market conditions evolve. Staying alert to the latest developments can help avoid pitfalls during this uncertain period.

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