CAD-1.1234 19th Jun,2006 Pre-European Update. Canadian dollar has formed a clear bottom by supporting above 1.1100. For now we would expect to buy at 1.1200 expecting a rally towards 1.1350 levels. So look to initiate a buy position for the above said target to be reached.
Buy @ 1.1200 for 1.1350 min with stop below 1.1170.
Disclaimer: All information on this web site is subject to change. The use of this web site constitutes acceptance
of our user agreement. All publisher financial articles at
FXtree.com are those of the individual authors and do not represent trading recommendations
of FXtree.com or its staff.