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Author Topic: USD/CAD Weekly Outlook  (Read 2144 times)
Hemant
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« on: February 20, 2011, 05:11:40 pm »
USD/CAD Weekly Outlook

USD/CAD dived to 0.9815 last week but lacked follow through selling and recovered. The pair continued to lose downside momentum. Initial bias is neutral this week and some consolidations would be seen above 0.9815 temporary lot. Another fall remains in favor and below 0.9815 will target support zone of 61.8%<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/xKIvxHlWhNw" height="1" width="1"/>

Source: USD/CAD Weekly Outlook
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