Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 21, 2011, 05:51:53 pm
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Trade Idea: USD/CAD ? Sell at 0.9900
<p>Although the greenback retreated after Friday?s rebound to 0.9875, break of last week?s low at 0.9816 is needed to confirm recent decline has resumed and extend weakness to 0.9760/70 and possibly towards indicated eventual downside target at 0.9710/15 (100% projection of 1.0210-0.9889 measuring from 1.0035) later.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/VOfeKU2z-74" height="1" width="1"/>
Source: Trade Idea: USD/CAD ? Sell at 0.9900 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/VOfeKU2z-74/)