Monday, April 27, 2009

Commerzbank predicts decline in dollar / Canada in the short term

Despite the great number of attempts, the U.S. / Canada has failed to penetrate the core level of 1.30. According to analysts of Commerzbank, in the short term schedules for the bear-shaped model. RSI Indicator has formed a peak, which also spoke of the possibility of short-term decline. Analysts of the bank intended to 55-month moving average, which they believe is a barometer of long-term trends and moods. Now the line runs in the 1.1333 area. U.S. / Canada is currently at 1.2183

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