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USD/CAD Forecast April 19, 2012, Technical Analysis

posted by Avatar FXEmpire 426 days ago in USD, CAD, Technical made popular 426 days ago

The USD/CAD pair had a bullish session on Wednesday as the oil markets fell for the day. The inventory number in the United States showed a larger build than expected, so oil fell in general. Because of the negative correlation in this pair at the oil market is well known, it isn’t a surprise that we got a bit of a jump. The 0.99 level also seems t
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