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Chart Of The Day: USD/CAD

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 20, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Price action on USD/CAD, a daily chart of which is shown, has formed another short-term uptrend correction within the context of a strong longer-term downtrend. This bullish correction has occurred after price hit a 10-month low at 1.0630 in the beginning of this month.

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