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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 11, 2011, 05:04:52 pm

Title: Trade Idea: USD/CAD ? Buy at 0.9720
Post by: machala on March 11, 2011, 05:04:52 pm
Trade Idea: USD/CAD ? Buy at 0.9720

<p>The greenback only eased to 0.9723 before finding renewed buying interest and the currency pair just rebounded again, adding credence to our view that a temporary low has been formed at 0.9667 and consolidation with upside bias remains for retracement of recent decline to 0.9850 and possibly towards 0.9900, however,<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/UQ3W-RLrxi0" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Buy at 0.9720 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/UQ3W-RLrxi0/)