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Canadian Dollar Technical Outlook

Published April 24th, 2009 - 06:55 GMT
Al Bawaba
Al Bawaba

The USDCAD has plunged through Fibonacci support but the trend remains up as long as price is above 1.1976.  Staying above there keeps open the possibility that a wave 4 low is in place within the 5 wave advance from .9055.



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