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SEB: USD/CAD triple bottom confirmed - eFXnews

FXStreet (Barcelona) - The Technical Strategy Team at SEB, sees further upside potential for USD/CAD, having confirmed the triple bottom formation, as noted by eFXnews.

Key Quotes

"The break and close above 1.2205 has now confirmed the triple bottom hence having paved the way for more upside potential. There might be a small pause around 1.2230 (a 161.8% Fibo projection point) to catch the breath ahead of the next move higher."

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