Friday, October 11, 2013

USD/CAD Daily Outlook

With 1.0289 minor support intact, rebound from 1.0181 might extend higher. But again, such recovery is viewed as a correction. Thus, we'd expect strong resistance below 1.0567 to limit upside and bring reversal. Below 1.0289 minor support will turn bias back to the downside for 1.0181 first.



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