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    USD/CAD: analysis and forecast on 19.02.2015

    Having testing a support level of 1.2375, the pair moved upwards. Yesterday afternoons, USD/CAD traded a bit below a resistance level at 1.2460 that coincides with 23,6% Fibonacci level, and the bulls unsuccessfully tried to break it.   The FOMC's minutes released yesterday turned out to be quite unexpected.   The Committee members stated that interest rates may long remain at the same levels. For both macroeconomic and geopolitical reasons. 

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