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DailyFX
10-06-2008, 02:10 PM
The USDCAD exceeded 1.0827, so the bearish outlook is negated. The advance from 1.03 is in 5 waves so we should see a corrective decline begin soon.http://feeds.dailyfx.com/~r/dailyfxrss/~4/412958884

complete story here... (http://feeds.dailyfx.com/~r/dailyfxrss/~3/412958884/Canadian_Dollar_Technical_Outlook_1223310021051.ht ml)