Trade Idea: USD/CAD – Buy again at 1.0230

Posted by on Mar 15, 2013

Despite Friday’s rebound to 1.0358 (missed our target at 1.3070), the subsequent retreat suggests further consolidation would be seen, however, as 1.0202 has contained intra-day fall, bullishness remains for another rebound, break of said resistance would signal the pullback from 1.0446 (last week’s high) has ended and bring stronger rebound

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