FX.co ★ USD/CAD Technical Correction , March 04, 2011 (Daily Strategy)

USD/CAD

A look on graph (daily) of the United States dollar - canadian dollar pair shows that the technical image on the pair is consolidating, showing an attractive buy opportunity.
The downward pressure has remained in the 1st weekly support, at 0.9710 from here,
We mention that, the pair will go to touch his Weekly pivot during these days around 0.9834,canadian dollar for one United States dollar.