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Canadian Dollar Technical Outlook
Monday, 22 June 2009 13:50:45 GMT  |  Jamie Saettele, Senior Currency Strategist
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The rally above 1.1475 makes significantly increases the probability that 1.0782 was the end of the corrective decline from 1.3068.  Risk should be kept to 1.0940 in the event that the recent rally completed a small 3rd wave.  Once the USDCAD completes 5 up from 1.0782, I’ll look to exit.

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