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USD/CAD Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Apr 8, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    USD/CAD recovers further to as high as 1.0173 today but retreat mildly after meeting 1.0167 resistance. Nevertheless, an intraday bottom is in place with 4 hours MACD staying above signal line. Intraday bias remains on the upside as long as 1.0038 minor support holds. Break of 1.0167 resistance will indicate...

    complete article here...

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