A reversal from these levels will most likely see the pair head back up toward the 1.1857, a level marked by the 23.6 Fib of the 1.2730-1.1592 CAD rally. Indicators are diverging with momentum indicator above the zero line while negative MACD is sloping upward toward the zero line; with neutral oscillators giving either side enough room to maneuver.
Canadian Dollar Collapses Greenback Defenses
Wed Oct 26 09:09:00 GMT 2005
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