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Barchart

Jim Wyckoff

Sell the Canada Dollar Now, Just in Time for the Fourth of July

Canada United States

September Canada dollar (D6U26) futures present a selling opportunity on more price weakness.

See on the daily bar chart for the September Canadian dollar futures that prices are trending lower and recently hit a contract low. Bears have the solid near-term technical advantage. Remember that price trends in the currency markets tend to be stronger and longer-lasting than price trends in other markets.

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One subscription that gives you access to news from hundreds of sites

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