Forex - Chart USD/CAD Update: Looking poised higher to 1.3100


 12:30 (GMT) 14 Jan

  [Forex Charts]

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Chart USD/CAD Update: Looking poised higher to 1.3100 (0101-QMTZ-C01)

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Asterisk denotes strength of level

12:30 GMT - USD/CAD now looks poised to take another shot higher to 1.3100 and if the mkt makes it through there anytime soon then we can look for more upside to the 50% retracement at 1.3140. The short-term downtrend from early-Dec looks to have been broken now and now it remains to be seen if the mkt can generate some upside momentum.


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