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US Weakness Could Resume The Loonie's Descent

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Loonie has been making a prodigious descent this year but a recent rally now has some USD bulls hopeful that the pair has found a bottom. Whilst the 1.2563 support level might very well represent a bottom, there are still a lot of pips between this level and the[​IMG]

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