DAILY USD/CAD OUTLOOK - 1.0145
03 Apr 2013 06:51GMT
Usd’s retreat after y’day’s recovery fm 1.0125 to 1.0159 suggests decline fm 1.0343 wud resume, be low said low wud extend weakness twds 1.0100/01.
Trade fm short side for this move n only abv 1.0196 signals temp. low is made, 1.0228.
STRATEGY : Short at 1.0155
POSITION : Short at 1.0155
OBJECTIVE : 1.0105
STOP-LOSS : 1.0180
RES : 1.0196/1.0228/1.0265
SUP : 1.0125/1.0101/1.0055