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Chart Of The Day: USD/CAD

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#1 (permalink)

08-27-08, 09:15 PM

ActionForex.com ActionForex.com is offline

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Chart Of The Day: USD/CAD

Long-term price action on USD/CAD (a daily chart of which is shown) has come down decisively off the significant downtrend line (in red) that has served as resistance for at least 5 years. After retreating from this resistance line last week, price has gradually descended from the swing high. Going...

complete article here...

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