Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 02, 2011, 05:00:37 pm
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Trade Idea: USD/CAD ? Sell at 0.9830
<p>Although the greenback has retreated after rebounding from yesterday?s low at 0.9684 to 0.9777 (today?s high), break of said support is needed to signal recent decline has resumed and extend weakness to 0.9650 and possibly 0.9600, otherwise, further consolidation would take place. Above said resistance would bring retracement to 0.9820/30<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/u6xYtLeFRcs" height="1" width="1"/>
Source: Trade Idea: USD/CAD ? Sell at 0.9830 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/u6xYtLeFRcs/)