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Forex pairs in this Article » USD/CAD
FXstreet.com (Barcelona) - The Canadian dollar is depreciating against the greenback on Wednesday, ahead of the US Retail Sales during January, expected to rise 0.1% from +0.5% in the previous month.
Very light docket in the Canadian economy ahead in the week would leave the attention towards the greenback, against the backdrop of the G20 meeting.

At the moment, the cross is advancing 0.07% at 1.0030 with the next resistance at 1.0044 (high Feb.13) ahead of 1.0088 (high Feb.12) and then 1.0091 (Upper Bollinger).
On the flip side, a breach of 1.0013 (low Feb.13) would expose 0.9995 (MA10d) and then 0.9992 (MA200d).
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