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USD/CAD Technical Analysis July 28, 2011

posted by Avatar FXEmpire 667 days ago in USD, CAD, Technical made popular 666 days ago

The USD/CAD pair had a bullish day on Wednesday, tying in with the oil markets falling. The pair has been dictated by the CL contract lately, as it does from time to time. The pair looks like a bounce could come, but the trend is decidedly down, and we think it better to wait for a nice bounce to sell.
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