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Author Topic: Chart of The Day: USD/CAD  (Read 2153 times)
pranjali
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« on: April 14, 2010, 11:08:30 am »
Chart of The Day: USD/CAD
         

Price action on USD/CAD, a daily chart of which is shown, has finally made a significant tentative breakdown below parity (1.0000), establishing a new 22-month low in the process. This occurs after a prolonged consolidation around parity. The directional bias on USD/CAD continues to be bearish in line with the...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-usd%10cad-20100414110961/
         
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