Wednesday, January 1, 2014

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains neutral for the moment and more consolidation could be seen below 1.0736. With 1.0560 support intact, another rally might be seen. But again, we'd expect strong resistance from 1.0803 long term retracement level to complete the rally from 0.9633 and bring reversal. Break of 1.0560



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