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Archive for April, 2007

Short Term Analysis – April 2, 2007

Monday, April 2nd, 2007

USDCAD
USDCAD broke below the key support at 1.1528, and down trend resumed. Further fall towards 1.1450 is still possible later today. Near term resistance is at the down trend line from 1.1787 to 1.1613, and followed by 1.1613 level, only break above 1.1613 level will delay the resumption of the down trend.

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