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Monday, 18 June 2012

2012.06.18 06:11:37 USD/CAD intraday: under pressure.

USD/CAD intraday: under pressure.

Update on supports and resistances.
Pivot: 1.022

Our preference: Short positions below 1.022 with targets @ 1.018 &
1.015 in extension.

Alternative scenario: Above 1.022 look for further upside with 1.0255
& 1.0275 as targets.

Comment: the pair is rebounding but stands below its resistance.

Key levels
1.0275
1.0255
1.022
1.02079 last
1.018
1.015
1.0135
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