Wednesday, October 23, 2013

USD/CAD Daily Outlook

As noted before, pull back from 1.0419 is finished at 1.0264 and rebound from 1.0181 is possibly resuming. Intraday bias remains on the upside for 1.0419 first. Break will target 100% projection of 1.0181 to 1.0419 from 1.0264 at 1.0502. Below 1.0338 minor support will turn bias neutral first.



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