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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 16, 2011, 05:01:19 pm

Title: Trade Idea: USD/CAD ? Hold short entered at 0.9950
Post by: machala on February 16, 2011, 05:01:19 pm
Trade Idea: USD/CAD ? Hold short entered at 0.9950

<p>Although the greenback edged marginally higher to 0.9904, as renewed selling interest emerged there and price has retreated, retaining our bearishness for decline to resume after consolidation and break of recent low at 0.9832 would confirm, extend weakness in wave (iii) for further fall to 0.9800 and eventually towards indicated<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/jxobwFEhBVw" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Hold short entered at 0.9950 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/jxobwFEhBVw/)