Thursday, February 6, 2014

USD/CAD Daily Outlook

USD/CAD's consolidation from 1.1223 is still in progress and intraday bias remains neutral for the moment. Bearish divergence condition in 4 hours MACD argues that the pair might have topped in near term. Break of 1.1031 will confirm this case and bring deeper pull back to 55 days EMA (now



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