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Author Topic: USD/CAD Weekly Outlook  (Read 4039 times)
Hemant
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« on: March 06, 2011, 05:11:09 pm »
USD/CAD Weekly Outlook

USD/CAD dropped to as low as 0.9683 last week then turned sideway. Initial bias remains neutral this week and some more consolidations would be seen above 0.9683. But after all, upside is expected to be limited by 0.9836 support turned resistance and bring fall resumption. Below 0.9683 will target 161.8%<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/4xh8z08U9QY" height="1" width="1"/>

Source: USD/CAD Weekly Outlook
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