--USD/CAD: Our core bullish outlook for this market has been more than reaffirmed over the past couple of weeks, with the market accelerating back above parity and towards 1.0500 thus far.
--While we continue to project significant upside over the medium-term, risks over the short-term appear to be tilted to the downside so that the market can correct from overbought readings on the daily chart.
--However, any setbacks should now be very well supported ahead of parity and in the 1.0100 area.[dailyfx]
Learn more!
See also:
>>https://docs.google.com/open?id=0B9cvIxidsTjva1YyMWJfZ1dMa1k<<
>>http://img35.imageshack.us/img35/6121/12jun11.pdf<<
A t t a c h m e n t
--While we continue to project significant upside over the medium-term, risks over the short-term appear to be tilted to the downside so that the market can correct from overbought readings on the daily chart.
--However, any setbacks should now be very well supported ahead of parity and in the 1.0100 area.[dailyfx]
Learn more!
Code:
https://docs.google.com/spreadsheet/pub?key=0AhxKzvQ2GlM8dDBqYWl6XzlEbFZDWFVob0FMbG9nbGc&output=html
>>https://docs.google.com/open?id=0B9cvIxidsTjva1YyMWJfZ1dMa1k<<
>>http://img35.imageshack.us/img35/6121/12jun11.pdf<<
A t t a c h m e n t