Senin, 07 Mei 2012

Forex: USD/CAD bounces from 0.9932 low

Forex: USD/CAD bounces from 0.9932 low

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Forex: USD/CAD bounces from 0.9932 low

FITITOL--> FXstreet.com (Barcelona) - The USD/CAD had extended its decline after good Canada building permits and reached a low at 0.9932, from where it bounced back to 0.9950 area.

That retracement coincides with the extended decline of crude oil today, already down by -2.00%, at $96.55.

Mataf.net analysts point to resistances at 0.9965, 0.9985, and 1.0025. On the downside, supports might be found 0.9940, 0.9910 and 0.9875.

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