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USD/CAD Daily Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Feb 6, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    USD/CAD's consolidation from 0.9817 continues today, edging further higher to 1.0101, but is still limited by mentioned 1.0118/25 cluster resistance (50% retracement of 1.0378 to 0.9781 at 1.0125). Outlook remains unchanged, fall from 1.0378 should still be in force. Break of 0.9923 support will argues that consolidation has completed and...

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