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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 24, 2011, 05:13:57 pm

Title: Trade Idea: USD/CAD ? Stand aside
Post by: machala on February 24, 2011, 05:13:57 pm
Trade Idea: USD/CAD ? Stand aside

<p>Very unfortunately yesterday?s rebound just hit our stop loss at 0.9960 (exactly the day?s high) before the currency pair turning back south again right from there and the greenback looks set to resume recent downtrend to 0.9800, then 0.9760/70 and possibly towards indicated eventual downside target at 0.9710/15 (100% projection<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/0oVone-Lz8Y" height="1" width="1"/>

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