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USDCAD surges to new highs for the day. Topside targets eyed.

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The USDCAD is extending higher, reaching new highs for the week. It is trading above a swing level at 1.3813, with the next upside target at 1.3840 - 1.38512. The daily chart shows additional resistance at 1.3860, corresponding to swing highs from October 2022. This surge marks a significant move for the USDCAD.
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