USDCAD Tuesday, February 3

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The short-term trend of the US dollar against the Canadian dollar is neutral. The USDCAD pair is expected to return positively from the short-term price level of 1.2588. From the buyers' point of view, the break of 1.2880 could push the USDCAD to the resistance of 1.2994. However, if the pair crosses the partial support of 1.2684, USDCAD will be ready to hit the price level of 1.2588 again.