USD/CAD Technical Analysis for July 19, 2011

USD/CAD rose on Monday, but fell a bit during the late hours of the session. The pair is still in a bearish run, and looks set to go lower before it is all said and done. The breaking of the lows on Monday could possibly be the next selling signal in this market. We also like selling the rallies that appear in USD/CAD.

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Forex Mansion