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Outlook for USD/CAD

USD/CAD's last week selloff has brought the pair toward the bottom of the 10-week range, which provides a solid risk/reward trading opportunity in spot

"A likely soft tone to key data and oil prices still within the 2015 range leaves us biased to sell CAD fundamentally. We still target a move to 1.30 in the coming weeks/months." - says RBC Capital Markets

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