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USD/CAD still Dropping

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 4, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Despite the resurgence of the USD from the improved treasury yields, the USD/CAD has only taken a momentary pause in its recent downward spiral. After retracing to approximately the 38.2% Fib level, the pair is once again headed south.

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