The Canadian Dollar May Be the Most Appealing Currency on Forex

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The market moves within the green and yellow channels. It is likely that at the moment we see a price increase from the lower green bound to the upper green wall and the resistance level of 0.9076. Thus, in the near future, the market may go up. However, if we see a decline to the lower green wall and a break of the support level of 0.8905, the bears will open the way to the lower wall of the yellow channel and the support level of 0.8797 located there.

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