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03-06-2010, 03:51 PM
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USD/CAD Weekly Outlook
USD/CAD dropped sharply to as low as 1.0259 last week but began to lost momentum after hitting 100% projection of 1.0779 to 1.0369 from 1.0679 at 1.0269. At this moment, we're treating price actions from 1.0851 as sideway consolidation pattern with fall from 1.0779 as the third leg. Hence, while...
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