Monday, December 10, 2012
Monday Dec 10th Update on Canadian Dollar
Attached is a 50 day chart of december canadian dollar.
We maintain our long bias and, given recent gains, would bring up our stop levels to 100.90 (on closing basis for half of
total position) and to 100.60 (for remaining half).
At this point,
we have no evidence that the risk on trade has ended, however, we are on alert
based on the length of the current move...good luck
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