DAILY USD/CAD OUTLOOK : March 26, 2013


DAILY USD/CAD OUTLOOK - 1.0190

26 Mar 2013 07:20GMT

Usd’s sharp retreat fm 1.0228 suggests re-test of 1.0181/88 wud be seen, break wud confirm erratic
decline fm 1.0343 has resumed, 1.0160, 1.0140.

Sell on recovery with stop abv 1.0236, break wud prolong choppy trading but 1.0265 shud hold.

STRATEGY : Sell at 1.0220

OBJECTIVE : 1.014

STOP-LOSS : 1.025

RES : 1.0236/1.0265/1.0285

SUP : 1.0181/1.0160/1.0124