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|Free Forex Signal(fundamental) by erhich: 8:40am On Oct 10, 2008|
Friday, October 10th, 2008 (12:00 p.m. Nigeria Time) CANADA
At 7:00 a.m. we will have Canadian Employment Change. In August we had over -60K deviation and USD/CAD moved by 70 pips. Probably the way to trade it under current market conditions is to trade against the spike so if we see 50 pips spike on USD/CAD, trade against it. If you have SNW, I would sell USD/CAD if it comes out at 40 K or higher, or buy USD/CAD if it comes out at -20K or more negative.
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