USD/CAD Weekly Outlook 13 -17 December 2010

Forex Trading USD/CAD Weekly Outlook 13 -17 December 2010 USD/CAD's recovery from 1.0002 last week was limited at 1.0139 and lost steam since then. With 4 hours MACD crossed below signal line, initial bias is neutral this week. On the upside, above 1.0139 will bring another rise towards 1.0285 resistance. On the downside, below 1.0062 will flip bias back to the downside and suggest that fall