Thu, 20 Sep 2012 15:47:12 GMT
USD/CAD testing 0.9792
Pair picks up pace after few slow days as monthly S1 at 0.9769 did not provide strong resistance. However, weekly R1 and 20 bar SMA around 0.98 have paused pairs development. Technical indicators point at upcoming bearish rally on the pair, but as pair seem to be driven purely at traders sentiment it should not experience much difficulties up to