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Sunday, October 24, 2010

Trading Canadian Dollar USDCAD – October 25-29

Sunday, October 24, 2010
Forex Trading Canadian Dollar USDCAD – October 25-29 GDP is the main event in a light week for the loonie. Here’s an outlook for the Canadian events, and an updated technical analysis for the weakening Canadian dollar. USD/CAD daily chart with support and resistance lines marked. Click to enlarge The pause in Canadian rate hikes indeed happened and hurt the loonie. CPI and retail sales

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