Home » forex news

USD/CAD Weekly Outlook

Submitted by Action Insight (All Technical) on Friday, 6 August 2010No Comment
USD/CAD dropped sharply to as low as 1.0106 last week but rebounded strongly on Friday. Break of 1.0106 minor resistance indicates that a short term bottom is formed on bullish convergence condition in 4 hours MACD. Initial bias is mildly on the upside this week and further rise could be

Comments are closed.