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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 15, 2011, 05:08:05 pm

Title: Trade Idea: USD/CAD ? Buy again at 0.9795
Post by: machala on March 15, 2011, 05:08:05 pm
Trade Idea: USD/CAD ? Buy again at 0.9795

<p>The greenback rallied in line with our expectation and our long position entered at 0.9720 met indicated upside target at 0.9880 (with 160 points profit), this anticipated rise adds credence to our view that wave 5 has ended at 0.9667 last week and major correction has commenced. Although price then<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/qYYTyBw6_YU" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Buy again at 0.9795 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/qYYTyBw6_YU/)