Tuesday, March 9, 2010

USDCAD Intraday Market Thought

USDCAD nothing new last sessions. Follow the last update http://bit.ly/apWMHY

Good reaction around 1.0260 but Bearish divergence last high around 1.0320 ( last hour).

USDCAD need to close hourly above 1.0340 to attack resistance daily 1.0390.

Hourly close below 1.0260 expect visited lows of the year around 1.0220.