USD/CAD Weekly Outlook

After initial setback, USD/CAD’s rebound from 1.0590 resumed and reached as high as 1.0981 last week. The development affirms the case that USD/CAD has bottomed out at 1.0590. Initial bias remains on the upside this week and further rally should be seen to 1.1101 resistance first. On the downside, below…

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This entry was posted on Sunday, September 27th, 2009 at 6:00 pm and is filed under Forex, Forex Trading, Forex news, Money. You can follow any responses to this entry through the RSS 2.0 feed.