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USD/CAD - target: 1.29, analysis


As there is no hope of any peace deal between Ukraine and Russia, as Russia effectively demands that Ukraine surrenders a good bulk of its territory - this will keep the safe haven USD $ in great demand…

Whereas the Canadian Dollar CAD is bound to weak substantially at anytime - Iran is about to start supplying oil to the world market and the gulf Arab countries are propping up their daily oil production limits.

1.29 is within reach
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