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A potential trend reversal is looming for the USD/CAD currency pair as key central bank decisions are set to impact both sides of the US-Canada border. The US Federal Reserve and the Bank of Canada are scheduled to make significant announcements, which will likely influence the exchange rate. The Fed's decision on interest rates, expected on March 15-16, will be closely watched, as will the Bank of Canada's rate decision on April 12. These decisions will have a direct impact on the Canadian dollar, which has been trading at around 1.32 against the US dollar. Analysts predict that a rate hike by the Fed could strengthen the US dollar, while a rate cut by the Bank of Canada could weaken the Canadian dollar. The outcome of these decisions will have significant implications for trade and investment between the two countries, with potential effects on industries such as energy and manufacturing.