Saturday, February 8, 2014

USD/CAD Weekly Outlook

USD/CAD's fall from 1.1223 extended lower last week and reached as low as 1.0967. The break of 1.1031 support confirmed short term topping at 1.1223 on bearish divergence condition in 4 hours MACD. Intraday bias remains on the downside this week and deeper fall should be seen to 38.2% retracement



Continue Read...

0 comments:

Post a Comment

Site Search