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USD/CAD Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Apr 7, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    USD/CAD's pull back from 1.0326 was contained at 1.0018 and rebounded strongly since then. 4 hours MACD's cross above signal line suggests that an intraday bottom is already in place. Bias is flipped back to the upside. Break of 1.0167 resistance will indicate that fall from 1.0326 has completed and...

    complete article here...

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