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USD/CAD Forecast February 10, 2012, Technical Analysis

posted by Avatar FXEmpire 105 days ago in USD, CAD, Technical

USD/CAD fell slightly during the session on Thursday, continuing a pattern of range bound trading that we have seen over the last several days. The 0.99 level continues to act as support, and the parity level continues to act as resistance. The pair looks extraordinarily tight at the moment, and the market is probably one best avoided currently.
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