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Forex: USD/CAD jumps above 1.0200

By FXstreet.com,  July 11, 2012, 02:36:00 PM EDT

FXstreet.com (San Francisco) - The US Dollar has reacted up against its Canadian counterpart and after rising more than 30 pips from 1.0180 the USD/CAD has broken above the 1.0200 and is trading at 1.0215.

Currently the pair is falling 0.11% so far today. Pair looks "Slightly Bullish" and "Extremely Oversold" according to the FXstreet.com technical studies.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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