Thursday, October 31, 2013

CADJPY Nears A Big Resistance Zone

CADJPY is drawing close to a wall of resistance around 94.80/90 after it was propelled higher by better than expected Canadian GDP figures. Canada's economy expanded 0.3% in August, beating an expected 0.1% rise but a little shy of the prior month's 0.6% increase. This brings year-on-year GDP to 2.0%,



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