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December 8, 2024

USD/CAD Weekly Outlook: Signs of Potential Upsurge

USD/CAD has extended its consolidation from a high of 1.4177 over the past week, and recent movements suggest that a larger uptrend might be ready to resume. Trader focus this week is set on the resistance at 1.4177.

Market players should remain vigilant as the situation develops.

In conclusion, USD/CAD could be gearing up for a significant upward shift, providing opportunities for strategic trading.

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