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Thread: USD/CAD

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#3007 (permalink)

07-01-2009, 01:06 PM

adam6655nyc adam6655nyc is offline

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Join Date: Feb 2009

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Quote:

Originally Posted by leithtec

Now this USD/CAD Pair will attempt to remain above 1.1492 on the Daily as a draw back up to above 1.1566 plays out ... this is where weakness or strength will reveal itself before the next Swing transpires ... so pick your poison. There's going to be alot of Trader's Buying back into this market ... even as it drops ... so does this mean that this Pair will therefore continue to Climb? ... because it won't continue to Climb if they don't hold onto their Long positions ... now will it?

The truth will be out soon, earnings will be the true test to this recovery/green shoots/bear market rally...etc

that will be the moment of truth for all of us....

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