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Canadian Dollar Technical Outlook
Tuesday, 30 June 2009 14:29:05 GMT  |  Jamie Saettele, Senior Currency Strategist
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This is a potential short term count for the USDCAD.  The implications are bullish over the next several months (and beyond) but bearish over the next several weeks.  Under this count, a 5th wave would complete the rally from 1.0782 and give way to a multi week and potentially deep correction of the rally from 1.0782.  Watch for resistance at 1.1820.

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