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A significant rally is expected for the USD/CAD. Confirmation of this rally will come in the form of a daily close above 1.0294 on 16/06/2010. Given a close above this level, price is expected reach 1.1469 to 1.1523
This upward move will be compromised if price falls below 1.0109. Given a break below 1.0109 price is not expected to rebound until it reaches 0.95
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