Monday, March 31, 2014

USD/CAD Daily Outlook

Intraday bias in USD/CAD is neutral for the moment. Current development suggests that a medium term top is possibly formed at 1.1278 already, on bearish divergence condition in daily MACD. Thus, current recovery is expected to be limited below 1.1168 minor resistance and bring fall resumption. Below 1.1000 will target



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