USD/CAD: Stalking Sideways Action
By admin | July 5, 2010
The 4H chart shows the market in a possible topping pattern near 1.0680. The USD/CAD has been in an uptrend and a channel, and there is a possibility of another bearish attempt towards the 1.08 area. With that said, if them arket breaks above the 1.0680 area, the 1.08 target is imminent.
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