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USD/CAD expected to bounce back above high

By:

S. Sivaraman

07-01-2008

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USD/CAD made the upward stop hunt above high of friday and reached 1.0078 and then made the downward move to hit stops below earlier low 1.0023 and showed a new low of 0.9971 and is now expected to rise again above 1.0078 today as a wide range swing before further rise.

Regards

Dr.S.Sivaraman

dr@i-knowindices.com

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