Canadian Dollar Futures (84.18)
It would appear that over the short term we have exhausted an abrupt upward thrust. This could signal the beginning of an intermediate term correction for the Loonie (the nickname for the Cdn Dollar). Support in such a correction would be in the area of 80 cents.
The longer term outlook for the Loonie remains positive.
posted by infinity square @ 9:34 AM
1 Comments:
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