Monday, July 13, 2009

USD/CAD finds support at 1.1610 and rises close to 1.1640

After rejecting at 1.1670 (coming from its 70 pips increase in Asian session) and falling around 60 pips since the beginning of the European session, USD/CAD has found support at 1.1610 level. Currently the pair is trading around 1.1620/30, posting 0.20% daily losses from opening price action.


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