Monday, June 2, 2014

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains neutral for the moment and the consolidation from 1.0813 is still in progress. In cas of another rally, strong resistance should be seen below 1.1052 resistance and bring fall resumption. Break of 1.0813 will extend the corrective decline from 1.1278 to 50% retracement of 1.0181



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