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USDCAD: Top In Place At 1.0056Top ↑  Nov 21 2012 USDCAD extended lower in this week after Fridays high, and now showing even more signs that top is in place at 1.0056. In fact, intra-day decline from the high is looking impulsive, sharp move in the short period of time that indicates a change in trend for a minimum three wave fall. If we are correct, then current minor recovery represents temporary pull-back that must not move above 1.0056 invalidation level.  Newsletter archive
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