Wednesday, November 27, 2013

USD/CAD Daily Outlook

USD/CAD's rally resumed after brief consolidations and intraday bias is back on the upside for 1.0608 resistance. Current development suggests that the whole rally from 0.9633 is still in progress and would extend to 1.0656 medium term resistance and above. On the downside, below 1.0519 will indicate short term topping



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