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Friday, April 6, 2012

USD/CAD, technical report classic 04.06

Technical strategist 6 April 2012 05: 49 GMT  USD/CAD: our constructive prospects remains intact despite the last withdrawal interday with the market largely locked in a consolidation in the medium term in advance what we believe will be a possible expectation of the high key of October by 1.0660. However, we reviewed our perspective somewhat and here, wait for any further decline to be well considered support weekly close above 0.9750. A close back daily over 1.0050 will help reaffirm.

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