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USD/CAD Analysis

By:

Saxo Bank

2008-19-12

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Bullish anticipation.

Analysis name : Canadian

Last close :

1.19170
1.20740

Last status id : in_progress

Last status text : In progress.

Current date : 2008-12-19 07:06:52

Current title : Direct rise.

Current directionnal id : up

Current directionnal text : Bullish

Current reward id : excellent

Current reward text : Excellent

Current abstract text : Bullish anticipation.

Current strategy text : We go long.

Current scenario preference : Buy at 1.2017 to play 1.2208. Close the trade whenever 1.1966 is penetrated.

Signal :1.2017
Conf. :0
Target :1.2208
Stop :1.1966

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Content Provided by:

Saxo Bank
Company Description: Founded in 1992, Saxo Bank officially attained European bank status in June 2001 and has rapidly risen to become a strong presence in online trading over the Internet. Saxo Bank is based in Copenhagen, Denmark and was founded by joint CEOs Lars Christensen and Kim Fournais. ...

Disclaimer:
Saxo Bank A/S shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. The contents of this publication should not be construed as an express or implied promise, guarantee or implication by Saxo Bank that clients will profit from the strategies herein or that losses in connection therewith can or will be limited. Trades in accordance with the recommendations in an analysis, especially leveraged investments such as foreign exchange trading and investment in derivatives, can be very speculative and may result in losses as well as profits, in particular if the conditions mentioned in the analysis do not occur as anticipated.

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