DAILY USD/CAD OUTLOOK : 12 Mar 2013


DAILY USD/CAD OUTLOOK - 1.0275

12 Mar 2013 08:05GMT

Usd’s rebound fm 1.0234 to 1.0296 Fri signals pullback fm Mar’s 8-mth 1.0343 top has ended there n MT upmove shud resume soon to re-test said res.

Trade fm long side n only below said 1.0234 wud abort n risk stronger correction twd 1.0200/05.

STRATEGY : Long at 1.0270
POSITION : Long at 1.0270
OBJECTIVE : 1.0340
STOP-LOSS : 1.0230
RES : 1.0343/1.0362/1.0446
SUP : 1.0234/1.0217/1.0160