AceTraderForex Jan 15: Daily Outlook on Minors - USD/CAD

15 Jan 2014[/B] [I]00:40GMT [/I]

Y’day’s rally to a fresh 4-year high at 1.0960
suggests MT uptrend wud head twd 1.1000, however,
‘loss of momentum’ wud cap usd at 1.1030/32 today.

Buy on dips with stop as indicated n only below
1.0879 wud risk retracement twd 1.0843 b4 rebound.

[B]STRATEGY :[/B] Buy at 1.0930

[B]OBJECTIVE :[/B] 1.0995

[B]STOP-LOSS :[/B] 1.0895
RES :[/B] 1.0960/1.1000/1.1032

[B]SUP :[/B] 1.0912/1.0879/1.0843