Tuesday, February 25, 2014

USD/CAD Daily Outlook

As noted before, the recovery from 1.0909 might have completed at 1.1194 already. Intraday bias is mildly on the downside for deeper fall towards 1.0909 to extend the consolidation pattern from 1.1223. Break of 1.0909 will target 38.2% retracement of 1.0181 to 1.1223 at 1.0852. On the upside, above 1.1194



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