The news of the Canadian GDP caused a decline, which caused the pair to rise, affected also by the news of the US unemployment last week, which confused the calculations of the technical analysts. Technically, the pair's arrival at 1.48 is a large overbought area, which necessitates a correction, and perhaps the trend will reverse. The pair closed at 1.464 and targets, according to the chart, 1.455 as a target. first
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