Wednesday, May 28, 2014

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains neutral for the moment as the consolidation pattern from 1.0813 continues. In case of another recovery, we'd expect strong resistance below 1.1052 resistance to limit upside and bring fall resumption. The corrective decline from 1.1278 is still in progress and break of 1.0813 would target



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