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RudiMarin
Jun 13, 2017 1:04 PM

CAD ready for a sustained upmove? Long

CANADIAN DOLLAR / SPECIAL DRAWING RIGHTICE

Description

Since yesterday's hawkish comments from members of RBOC, CAD has been the best performer.

After putting a higher high CAD has since been in a free fall until it backtested the LT downward trendline.
I will watch any pullback to get on board despite rather weak oil prices.
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