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FX.co ★ USD/CAD Survey according to the Point and Figure Charting for February 27, 2012

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Forex Analysis

2012-02-27T09:48:23
iconLong-term review

USD/CAD Survey according to the Point and Figure Charting for February 27, 2012

Having reached the resistance level 0.997, the USD/CAD pair resumed the ascending movement.

The main target for purchasers is seen at the resistance level 1.002. In case it has been overcome, the way to the point 1.006 will open.

As the main tendency changed to uprising, it is recommended to buy the pair after the breakdown of the resistance level 1.002 with first target seen at level 1.006.

USD/CAD Survey according to the Point and Figure Charting for February 27, 2012

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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