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Trader, analyst and instructor with a 6-year experience

WU: buy USD/CAD

According to analysts Western Union Business Solutions, USD/CAD is now positioned to continue its current trajectory and test the 2013 high of 1.0609.

If this level is broken and holds on a weekly basis, US dollar could move to 1.0800 before some stability comes back into play.

Chart. Weekly USD/CAD

CAD
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