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Barchart
Barchart
Jim Wyckoff

The Bears Are in Control With the Canadian Dollar. Heres What to Watch Before You Sell.

Canadian Dollar Canada

December Canada dollar futures (D6Z25) present a selling opportunity on more price weakness.

See on the daily bar chart for the December Canadian dollar futures that prices are in a downtrend and last Friday hit a 2.5-month low. The bears have the overall near-term technical advantage as “the trend is their friend.”

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