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USD/CAD Forecast May 15, 2012, Technical Analysis

posted by Avatar FXEmpire 373 days ago in USD, CAD, Technical made popular 373 days ago

The USD/CAD pair rose on Monday as the Dollar continues to strengthen everywhere at once. The risk off attitude continues to haunt this pair, and the fact that the oil markets have broken down a bit; we could see a pop in this market. The parity level has been strong in its resistance, and although we are through it, we still feel as the resistance
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