Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 09, 2011, 11:10:02 am
-
USD/CAD Mid-Day Outlook
USD/CAD's break of 0.9683 indicates that recent decline has resumed and intraday bias is back on the downside. Current fall should now target 161.8% projection of 1.0851 to 1.0138 from 1.0671 at 0.9517 next. On the upside, above 0.9474 minor resistance will indicate that a short term bottom is formed,<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/WPVhLDdn2Ws" height="1" width="1"/>
Source: USD/CAD Mid-Day Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/WPVhLDdn2Ws/)