USD/CAD - Support at 0.9725 has held thus far - MIG Bank
From www1.migbank.com
• USD/CAD has rebounded on the support at 0.9725 yesterday. Still, a break of the resistance at 0.9843 is needed to suggest that something bigger than a short-term bounce is underway. • Since April 2010, USD/CAD has moved without a clear trend. Therefore oversold conditions near significant support areas would be expected to induce short-term rallies.
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