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depends on what time frame you're looking at.
i just bought USD because in the short term the canadian $ is overvalued.
once we get a market correction, it will prop up the USD and i will sell USD, because by year's end it should be on par, if the markets keep their gains.
however, if we are in a bear market rally, i think the USD can go back up to 1.20 or higher once the rally tanks.
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