USD/CAD Daily Outlook

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03-02-2010, 08:02 AM

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USD/CAD Daily Outlook

USD/CAD's fall from 1.0679 accelerated to as low as 1.0407 after taking out 1.0509 support. The development argues that fall from 1.0779 is still in progress. Intraday bias is now on the downside and break of 1.0369 will target 1.0205/0223 support zone again. On the upside, above 1.0495 will turn...

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