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Canadian Dollar Technical Outlook
Monday, 08 June 2009 14:10:09 GMT  |  Jamie Saettele, Senior Currency Strategist
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US Dollar / Canadian Dollar
06-08-09Dailytechs-06

A rally above 1.1475 would be strong evidence that a significant low is in place.  Until then, the USDCAD is vulnerable as the pair remains below a resistance line extended from the 4/23 and 5/18 highs.

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