Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 28, 2011, 05:20:31 pm

Title: Trade Idea: USD/CAD ? Sell at 0.9830
Post by: machala on February 28, 2011, 05:20:31 pm
Trade Idea: USD/CAD ? Sell at 0.9830

<p>As the greenback has continued to move lower after resuming medium term downtrend last week, suggesting further weakness to 0.9710/15 (100% projection of 1.0210-0.9889 measuring from 1.0035) would be seen, below would extend to 0.9680 but reckon 0.9650 would hold from here, bring correction later this week.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/cpLP5c906bA" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Sell at 0.9830 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/cpLP5c906bA/)