Friday, January 4, 2013

Update on the Canadian Dollar by @JimIuorio

Update on the Canadian Dollar by @JimIuorioSocialTwist Tell-a-Friend



Attached is a 50-day chart of the Canadian Dollar.

This morning's positive employment data in Canada and mildly positive U.S. data has put a bid back into the currency.   We maintain a long bias with an objective of 101.60 and a stop out level below yesterday's low of 100.62.

Have a great Friday,
Jim

Posted by Hamzei Analytics, LLC at 10:02 AM

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