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Author Topic: USD/CAD Daily Outlook  (Read 4111 times)
Hemant
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« on: March 10, 2011, 11:05:45 am »

USD/CAD Daily Outlook

USD/CAD's break of 0.9747 minor resistance suggests that a short term bottom is formed at 0.9666 on bullish convergence condition in 4 hours MACD and RSI. Intraday bias is mildly on the upside for stronger rebound to above 0.9815 resistance. Nevertheless, strong resistance should be seen below 0.9957 and bring<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/dM8hth0kqqU" height="1" width="1"/>

Source: USD/CAD Daily Outlook
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