Prepared by Jamie Saettele
The USDCAD was once again rejected by the confluence of trendline
resistance and the 50 day average. Keep on mind that price traded at
its lowest since May 2008 on Friday. Downside pressures remain as long
as 10057 is intact. The key reversal day last Friday does make things
fascinating but (ordinary at turns).
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Source: Dailyfx.com
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