June 2, 2008 |
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I wrote here on May 5th a few ideas about what I at that moment perceived to soon be the path of least resistance in the USD/CAD market. With the data now at hand, I do stick to those ideas and keep this market under close scrutiny. While I cannot point out a specific configuration of fundamental as well as technical premises which could make me be a buyer of the US dollar against the Canadian currency, however I just know I haven't yet reached the point of confidently putting the money where
Filed under: Technical
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