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Barchart
Barchart
Jim Wyckoff

September Canadian Dollar Futures Just Hit a 6-Month High. More Upside Is Likely.

Canadian Dollar United States

September Canadian dollar futures (D6U25) present a buying opportunity on more price strength. 

See on the daily bar chart for the September Canadian dollar futures that prices are trending higher and last Friday hit a six-month high. Bulls have the solid near-term technical advantage as “the trend is their friend.” More price upside is likely in the near term.

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