Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 23, 2011, 05:28:05 pm

Title: Trade Idea: USD/CAD ? Hold short entered at 0.9900
Post by: machala on February 23, 2011, 05:28:05 pm
Trade Idea: USD/CAD ? Hold short entered at 0.9900

<p>As the greenback has rebounded again after intra-day brief retreat to 0.9858, suggesting caution on our short position entered yesterday at 0.9900 and 0.9960 needs to hold to retain bearishness for another decline later today or tomorrow. A break of said minor support would bring a retest of 0.9816 (last<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/aVqCs6UgjHk" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Hold short entered at 0.9900 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/aVqCs6UgjHk/)