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The Daily Forecaster: USDCAD

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 22, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    While not exactly what I was expecting we did see gains which stalled at 1.2505. From there the correction has reached 1.2325 and I feel this was probably deep enough for the correction. Thus I favor the upside but do recognize the risk of earlier sideways range trading. We need...

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