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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 04, 2011, 05:03:51 pm

Title: Trade Idea: USD/CAD ? Sell at 0.9890
Post by: machala on March 04, 2011, 05:03:51 pm
Trade Idea: USD/CAD ? Sell at 0.9890

<p>This week?s sideways trading after falling to 0.9684 is expected to continue and above minor resistance at 0.9777 would bring retracement to 0.9830/40, however, renewed selling interest should emerge below 0.9902 and bring another decline later. A break of said support at 0.9684 would signal recent decline has resumed and<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/RIqkeASvAw8" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Sell at 0.9890 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/RIqkeASvAw8/)