Daily Outlook on Minors - USD/CAD : April 3, 2013


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