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Dec 02

TECHNICAL ANALYSIS BY NSFX 02.12.2013

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High:  Low: 

The weekly chart of UsdCad will be used for today analysis. The pair is trading on the higher part of the range that was generated on 2009. If the bullish sentiment should continue the cross rate might test spikes at 1.0752 and at then at 1.0872. If a retracement should occur 1.04  on the 21SMA weekly is likely to be the first significant  support and below it 1.0275.

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