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Author Topic: USD/CAD Daily Outlook  (Read 2018 times)
Hemant
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« on: March 08, 2011, 05:15:01 am »
USD/CAD Daily Outlook

Consolidation from 0.9683 is still in progress and intraday bias remains neutral. Even in case of another recovery, upside is expected to be limited by 0.9836 support turned resistance and bring fall resumption. Below 0.9683 will target 161.8% projection of 1.0851 to 1.0138 from 1.0671 at 0.9517 next. Nevertheless, above<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/Qvq1z-uVy0g" height="1" width="1"/>

Source: USD/CAD Daily Outlook
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