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Thursday, August 3, 2017

If the bounce in USD/CAD falls flat, it could mean a world of hurt

August 03, 2017 0 comments
Today's bounce in USD/CAD has fallen flat You can usually guess how far a market will fall based on how high the bounces are. USD/CAD took a swan dive to 1.24 from 1.38 in May but the bounce looks like it could be snuffed out at 1.26. That's the dead-cat variety of bounce and means the USD/CAD bears
If the bounce in USD/CAD falls flat, it could mean a world of hurt
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