Tuesday, February 4, 2014

USD/CAD Daily Outlook

USD/CAD is staying in range below 1.2223 and intraday bias remains neutral. Bearish divergence condition in 4 hours MACD argues that the pair might be topping in near term. Break of 1.1031 will confirm this case and bring deeper pull back to 55 days EMA (now at 1.0815). For now,



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