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Author Topic: USDCAD: Bears Remain In Control  (Read 2813 times)
pranjali
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« on: April 03, 2010, 11:01:53 am »

USDCAD: Bears Remain In Control
         


The pair is working its way lower towards its 2010 low at 1.0059 having lost corrective recovery momentum at the 1.0301 level, its Mar 26Â’10 high and tumbled lower to end the week at 1.0106. We look for the 1.0059 level to give way for the resumption its broader medium...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/usdcad%3a-bears-remain-in-control-20100403110223/
         
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