Tuesday, August 26, 2014

USD/CAD Daily Outlook

USD/CAD lost momentum again after hitting 1.0997 and intraday bias is turned neutral again. With 1.0859 resistance intact, further rise is still expected in the pair for 61.8% retracement of 1.1278 to 1.0620 at 1.1027. Sustained break will pave the way for retesting 1.1278 resistance. However, break of 1.0859 will



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