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USD/CAD Technical Analysis August 3, 2011

posted by Avatar FXEmpire 655 days ago in USD, CAD, Technical made popular 655 days ago

USD/CAD rose again during the Tuesday session, and the 0.96 handle has been breached again. The pair is still in a massive downtrend, but with all of the debt crisis issues and sovereign risk fears out there, the world is buying USD. It is also selling oil, and that is the biggest problem for the Canadian dollar, not that the Bank of Canada has an
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