Monday, June 23, 2014

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains on the downside. Current decline from 1.1278 would extend lower towards 1.0608 key support level. As such decline is viewed as a correction, we'd expect strong support above 1.0608 to contain downside and break rebound. On the upside, break of 1.0813 resistance will be the



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