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February 1, 2012

USDCAD: Vulnerable Despite Price Hesitation

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While USDCAD is trying to stage a recovery having held above the 1.0000 level, its big psycho level and its Tuesday low at 0.9964 level, it still remains susceptible. This will leave the pair targeting the 0.9890 level, its Oct 27'2011 high. Both its daily and weekly RSI are bearish and pointing... FF News: Technical

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