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Canadian Dollar Technical Outlook
Wednesday, 03 June 2009 14:29:59 GMT  |  Jamie Saettele, Senior Currency Strategist
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The speed of the decline from 1.1820 and the RSI extreme make it likely that the decline is a 3rd wave. As such, favor a corrective rally to the 1.1180-1.1300 zone (Fibonacci and structural) before a drop to a new low to complete wave v of C.

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