CAD-1.1551 9th Mar,2006 Pre-Japanese Update
A sustained rise above 1.1500 has strengthened the possibility of Canadian dollar to rally higher towards 1.1750 before the weekend. So for now we would look to initiate a buy near a support for to run along the rally. Prefer buying if 1.1475 is seen first for the above said target to be reached.
Buy @ 1.1475 for an open target, with stop below 1.1445.
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