Trend bullish daily chart above 1.0250 for now.
Short-term above 1.0340 expect 1.0494possible extension to 1.0555 next hours of trading.
Tuesday, May 18, 2010
USDCAD Market Thought 19052010
USDCAD 0.9940 zone is a suport medium/long term. Last weeks hold that area suggests that a temporary bottom is formed.
Trend bullish daily chart above 1.0250 for now.
Short-term above 1.0340 expect 1.0494possible extension to 1.0555 next hours of trading.
Trend bullish daily chart above 1.0250 for now.
Short-term above 1.0340 expect 1.0494possible extension to 1.0555 next hours of trading.
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