Tuesday, May 20, 2008

USD/CAD Mid-Day Outlook

USD/CAD dives further to as low as 0.9898 today on the back of broad based strength in the Canadian Dollar. At this point, intraday bias remains on the downside as long as 0.9962 minor resistance holds. Nevertheless, fall from 1.0326 is still displaying a corrective structure and is treated as...



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