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USD/CAD Daily Outlook

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
FxWirePro  
FX:USDCAD   U.S. Dollar / Canadian Dollar
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USD/CAD has made a high of 1.1239 and is retreating from this level. Intra day trend reversal can happen only above 1.1250.
Minor support is around 1.1190. Any indicative break below would extend loss to 1.1160/1.1121.
Minor resistance is around 1.12050.
Recommendation: Sell USD/CAD around 1.1190, SL 1.1205, Target 1.116/1.1121.
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