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Technical Analysis USD CAD

Technical analysis USD CAD (USD/CAD) for 10/18/11.

Pretty decent quality sell signal for USD/CAD for intraday strategy for 10/18/11.

Entrance below 1.0250 with profit target above 1.0100.

Possible bounce from 1.0150.

Trailing can be helpful.

Watch for MACD crossovers on the hourly chart.

Longer technical picture points to the downtrend.

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