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USD/CAD Mid-Day Outlook - forex fx daily current outlook

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Old 01-30-2009, 01:50 PM
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Join Date: Sep 2008
Posts: 11,435
Default USD/CAD Mid-Day Outlook

USD/CAD's break of 1.2330 minor resistance clears out the near picture and indicates that fall from 1.2765, though deeper than expected, has completed at 1.2024 as correction to rise from 1.1761. Intraday bias is flipped back to the upside for 1.2765 first and break will bring retest of 1.3005/15 resistance...

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