Monday, June 2, 2014

USDCAD Seems More Downside Within Current Bearish Trend

USDCAD made only three legs from 1.0812 to 1.0941 in May followed by a recent decline through the lower support line of a minor upward channel. As such, recovery appears complete and is now pointing back to 1.0800 especially if we now also conisder a lower high at 1.0884. Ideally,



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