Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 15, 2010, 11:04:36 am
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Cad/Oil Correlation
The daily chart below is showing a powerful rally from 83.90 to the 72.37 zone, which is called an impulse wave. This impulse wave, a blue wave I/A in our case, was reversed at 72.37, where a correction shown in the blue wave II/B has started. The blue wave II/B...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/cad%10oil-correlation-20100215106755/