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Author Topic: USD/CAD Weekly Outlook  (Read 657 times)
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« 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
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