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Chart of the Day - 3/12/2010 – USD/CAD

posted by Avatar jameschen 178 days ago in USD, CAD, Technical

Bearish price action on USD/CAD, a daily chart of which is shown, has finally made a tentative breakdown below the key 1.0200 support level after respecting this level several times this week. Friday’s (3/12/2010) breakdown of 1.0200 establishes a new 19-month low for this pair.
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