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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 14, 2011, 05:03:04 pm

Title: Trade Idea: USD/CAD ? Hold long entered at 0.9720
Post by: machala on March 14, 2011, 05:03:04 pm
Trade Idea: USD/CAD ? Hold long entered at 0.9720

<p>Although the greenback retreated after last week?s rebound to 0.9803, if our view that a temporary low has possibly been formed at 0.9667 is correct, downside would be limited and bring another rebound later, above said resistance would add credence to this view, bring retracement of recent decline to 0.9850<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/QzLgfO3F6ro" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Hold long entered at 0.9720 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/QzLgfO3F6ro/)