Sunday, February 12, 2012

Forex: USD/CAD tests 1.1040 resistance after Canadian unemployment data (The Forex Market)

June 5, 2009 by · Leave a Comment 

FXstreet.com (Barcelona) – The USD/CAD has reacted with a 30 pips jump in the first seconds after the worst than expected May Unemployment Canadian data from 1.1010 to test 1.1040. After that, the CAD has begun to recover slightly to initials levels and the USD/CAD is currently trading around 1.1015/25,0.25% above today’s opening price.

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