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Why I’m buying USDCAD: Coleman

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Ian Coleman, of First4Trading.net, is looking to buy USDCAD.

He explains his technical analysis of weekly, daily and four–hour charts.

Coleman is planning to buy dips around 1.3040 with a stop at 1.3000. His immediate target is 1.3186–1.3200, but is looking for targets later this week around the area of 1.3350–1.3380.

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