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1.9. 10:07_USD/CAD_LONG

Rising inflation in the USA, which is being purposefully increased thanks to the Fed’s gradual steps, of course also has its limits. Given the upcoming elections, it will not be long before the Fed representative will have to defend his monetary and interest rate moves again. Given that the current price is at its lowest levels since January 2019, a significant volume of long limit Hedge orders can be expected to be around support 1.30.

 

Chart source: WebTrader

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