Monday, December 1, 2014

USD/CAD Daily Outlook

USD/CAD's rebound was limited at 1.1458 and reversed. The development suggests that consolidation pattern from 1.1466 is still in progress. Intraday bias is mildly on the downside for 1.1191 support. But overall, near term outlook stays bullish as long as 1.1121 support and recent up trend is expected to resume



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