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Tuesday, April 24, 2012

|$| USD/CAD, technical report classic 04.24

Daily_Classical_USDCAD_body_usd.png, USD/CAD Classical Technical Report 04.24
USD/CAD: Our constructive prospects remains intact despite the last withdrawal interday with the market largely locked in a consolidation in the medium term in advance what we believe will be a possible expectation of the high key of October by 1.0660. Locate any declines continue to be well supported on a close above 0.9800 weekly, while the daily close back above 1.0050 will help reaffirm.

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