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Canada GDP
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Canada GDP for January comes in at 0.5% vs 0.5% in December
The YoY measure rose to 3.3% from a revised 3.3% prior
The USDCAD has moved lower on the news staying below the 100 bar MA on the 5 minute chart. The low for March (lowest level since 2007) comes in at 0.9666. This is the next key target level on the downside.
