Tue, 20 Nov 2012 16:27:11 GMT
USD/CAD targets 0.9917/0.9891
USD/CAD has closed above parity for several days, notwithstanding, it was unable to continuously remain above 1.0014/00 and has already slipped beneath 0.9987/72. The currency pair carries on gaining bearish momentum, as suggested by weekly technical studies, but should overcome 0.9942/31 and, most importantly, 0.9917/0.9891 before the medium-term outlook is changed to negative, as it is the key support at