Monday, December 30, 2013

USD/CAD Daily Outlook

USD/CAD is staying above 1.0560 support and inside near term rising channel. Outlook stays mildly bullish. The larger rally from 0.9633 could extend higher towards 1.0803 long term retracement level. But then again, we'd expect strong resistance from there to complete the rally from 0.9633 and bring reversal. Break of



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