Tuesday, April 14, 2009

UNITED WOLRD CAPITAL USD/CAD Daily Outlook

USD/CAD's break of 1.2191 indicates that decline from 1.3063 is resuming. Intraday bias remains on the downside as long as 1.2482 resistance holds. Further decline could now be seen towards 100% projection of 1.3063 to 1.2191 from 1.2713 at 1.1841. On the upside, though, above 1.2482 will argue that USD/CAD's.... UWCFX

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[Source: USD/CAD Daily Outlook]
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Posted by United World Capital Forex at 6:17 AM

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