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USD/CAD Forecast February 28, 2012, Technical Analysis

posted by Avatar FXEmpire 881 days ago in USD, CAD, Technical made popular 881 days ago

USD/CAD has been grinding away over the last month or so, and the action on Monday suggests that this trend will continue. The shooting star certainly looks bearish, but the truth is that the consolidation area between the 1.01 and 0.99 handles continues to hold firm. The candle looks to bring in sellers, but the support at the 0.99 level should co
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