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USD/CAD Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Apr 4, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    USD/CAD's fall from 1.0326 extends further to as low as 1.0071 today, breaking mentioned 1.0094 cluster support (38.2% retracement of 0.9709 to 1.0326 at 1.0090). At this point, intraday bias remains on the downside as long as 1.0167 minor resistance holds. Further decline could be seen to 61.8% retracement at...

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