Wednesday, August 27, 2014

USD/CAD Daily Outlook

USD/CAD dives to as low as 1.0828 so far and the break of 1.0859 confirmed short term topping at 1.0997, on bearish divergence condition in 4 hours MACD. Intraday bias is mildly on the downside and deeper pull back could be seen to 1.0793 support. But such decline is viewed



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