Saturday, January 31, 2015

USD/CAD Weekly Outlook

USD/CAD's up trend continued last week and reached as high as 1.2797, just missing 200% projection of 1.0181 to 1.1278 from 1.0620 at 1.2814. Initial bias remains on the upside this week for 1.2814. Sustained break will pave the way to key resistance level at 1.3063 (2009 high). Nonetheless, considering



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