Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 13, 2011, 11:06:00 am

Title: USD/CAD Weekly Outlook
Post by: Hemant on March 13, 2011, 11:06:00 am
USD/CAD Weekly Outlook

USD/CAD rebounded to as high as 0.9800 after dipping to 0.9666 last week. A short term bottom is in place with bullish convergence condition in 4 hours MACD and RSI. More consolidations would be seen above 0.9666 this week. But we'd expect upside to be limited by 0.9815 cluster resistance<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/sv6ulQxOfWo" height="1" width="1"/>

Source: USD/CAD Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/sv6ulQxOfWo/)