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Sunday, July 19, 2009

Going Short on USD/CAD

Good Evening!

Making a trade (at long last!) I am going short (selling) on a unit of USD/CAD at 1.11250, and 2 more at 1.11600.

I am expecting the USD to weaken further into 1.09800, but I will take profit at 1.10, and if I have the other units hold onto them to see if we can squeeze out 1.09800 or lower.

Recommended by:
Aaron Reid

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