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June 20, 2012

USDCAD Pennant Spots Price Continuation

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Trading the USDCAD through the first half of 2012 has been a difficult proposition for trend traders. The confusion began with price continuing a downtrend that had been in development since the formation of a high at 1.0657 on October 4th 2011. Price declined as much as 856 pips from this point... FF News: Technical

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