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Barchart
Barchart
Jim Wyckoff

Cooling Inflation Creates a Buying Opportunity in the Canada Dollar

Canada Inflation

December Canada dollar (D6Z26) futures present a buying opportunity on more price strength.

See on the daily bar chart for the December Canadian dollar futures that prices are in an uptrend and have just hit a two-month high. Bulls have the overall near-term technical advantage as “the trend is their friend.”

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