BombayBulls

USD/CAD - Testing Support again at 1.2400

FX:USDCAD   U.S. Dollar/Canadian Dollar
10 0 0
For last 2 and half months USD/CAD             comes near 1.2400 and bounces back. Could that be different this time?! With crude oil             showing the sign of squeeze, nothing can be ruled out. Besides Fed events pushes the dollar down at least for a session or two. Today we will be looking to get long loonie if it hold 1.2350 and short if reaches 1.2550 in rush.
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