Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 09, 2011, 05:32:02 pm
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Trade Idea: USD/CAD ? Buy at 0.9600
<p>Although current breach of previous support at 0.9684 confirms medium term downtrend has resumed and further weakness to 0.9600/10 would be seen, as this move is losing downward momentum and is treated as the wave 5 of recent decline, reckon 0.9550 would hold and bring rebound later. This week?s high<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/aRX12Pnj7wE" height="1" width="1"/>
Source: Trade Idea: USD/CAD ? Buy at 0.9600 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/aRX12Pnj7wE/)