Fri
5
Feb
USD/CAD rose further to as high as 1.0779 last week and the break of 1.0744 resistance affirms our view that three wave correction from 1.0851 has already finished at 1.0223. Nevertheless, subsequent sharp retreat from 1.0779 indicates that a short term top might be formed. Initial bias will be neutral...
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Friday, February 5th, 2010 at 6:22 pm
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