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USD/CAD Daily Outlook- 11 March 2010

posted by Avatar delioncourt 807 days ago in USD, CAD, Daily

Downside momentum is clearly diminishing in USD/CAD with 4 hours MACD staying above signal line. But still, another fall is in favor as long as 1.3066 resistance holds. However, as we're treating price actions from 1.0851 as sideway consolidation pattern with fall from 1.0779 as the third leg.
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