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The stock market still believes in the idea of the magical CEO.



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USD/CAD’s extended decline last suggests that rise from 1.3480 has completed with three waves up to 1.3965. Initial bias stays on the downside this week. Sustained break of 61.8% retracement of 1.3480 to 1.3965 at 1.3665 will pave the way to retest 1.3480 low. On the upside, above 1.3736 minor resistance will turn intraday bias

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