Monday, May 26, 2014

USD/CAD Daily Outlook

USD/CAD dips mildly today but stays in range above 1.0813. Intraday bias remains neutral first. Some more consolidation could be seen. In case of another recovery, we'd expect strong resistance below 1.1052 resistance to limit upside and bring fall resumption. The corrective decline from 1.1278 is still in progress and



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