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USD/CAD Technical Analysis for the Week of June 20, 2011

posted by Avatar ForexMansion 343 days ago in USD, CAD, Technical made popular 343 days ago

USD/CAD had a slightly positive week after having both significant rises and falls in the pricing of this pair over the last week. We look to be stuck between the 0.9675 and 0.9850 levels, and are currently being held hostage by the oil markets. Until we get clarity in that market, the direction of the CAD will be difficult to ascertain.
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