Mon
21
Sep
USD/CAD's sharp fall from 1.0852 suggests that rebound from 1.0590 has completed. With 1.0925 resistance intact, there is no confirmation of bottoming yet and recent decline might continue further. Below 1.0677 will flip intraday bias to the downside. Further break of 1.0590 will target 61.8% projection of 1.1723 to 1.0631...
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Monday, September 21st, 2009 at 6:23 pm
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