In recent weeks the U.S. dollar extended losses against its Canadian counterpart, which resulted in a decline to the long-term support line. Will this support withstand the selling pressure in the coming days?

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Yesterday, the euro extended gains against the greenback, which approached EUR/USD to September high, but will we see further rally in the coming days?

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Yesterday, USD/CAD boke below early December lows and closed the day under the 38.2% Fibonacci retracement. Will these negative events encourage currency bears to test the long-term support line?

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In recent days, the U.S. dollar extended losses against the Swiss franc, which erased around 70% of the entire December increase. Are there any technical factors that could stop currency bears in the coming days?

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Although USD/JPY came back above the long-term line, we didn’t notice significant increases in the following days. Will this show of currency bulls’ weakness result in another repetition of what we already saw in the past?

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