Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 18, 2011, 05:17:08 pm
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Trade Idea: USD/CAD ? Look to sell higher
<p>Although yesterday?s anticipated resumption of downtrend has justified our bearishness view and marginal weakness to 0.9800 is likely, loss of downward momentum has increased risk of a minor correction later today or early next week. Above minor resistance at 0.9859 would bring retracement towards this week?s high of 0.9904 but<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/Wwl9a0YfuJE" height="1" width="1"/>
Source: Trade Idea: USD/CAD ? Look to sell higher (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/Wwl9a0YfuJE/)