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officecrs
Mar 4, 2015 10:16 AM

Short on USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

Canada - Mega event for the day is BOC rate decision scheduled at 15:00 GMT. BOC is not expected to change policy rates as understood from recent comments but would be vital to assess the path ahead. Canadian dollar is to take queue from the press release and may continue sideways till then.
Target 1.2400
Comments
officecrs
Extended target for USDCAD 1.2311
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