DAILY USD/CAD OUTLOOK - 1.0117

20 Feb 2013          08:11GMT


Usd's rise to 1.0138 y'day signals MT uptrend fm 0.9633 (Sep '12) remains in force n further gain to our indicated obj. is seen b4 correction occurs. 

Buy on dips n only below 1.0058 wud indicate a temp. top is made n risk retrace. twd 1.0025.

STRATEGY : Buy at 1.0100
OBJECTIVE : 1.0175
STOP-LOSS : 1.0065
RES : 1.0138/1.0217/1.0251
SUP : 1.0088/1.0058/1.0025