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USD/CAD forecast for the week of June 6, 2016, Technical Analysis
Published: Jun 4, 2016, 04:14 GMT+00:00
The USD/CAD pair initially tried to rally during the course of the week, but turned back around to form a somewhat negative candle. This is more than
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The USD/CAD pair initially tried to rally during the course of the week, but turned back around to form a somewhat negative candle. This is more than likely going to continue to be a market that sees quite a bit of volatility, but having said that, it’s more than likely that oil markets will also have a huge part of plan this market. Ultimately, this market is probably one that is going to be difficult to trade off of long-term charts as there has been so much noise in the area we find ourselves.
About the Author
Christopher Lewisauthor
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
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