Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 25, 2011, 05:07:05 pm
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Trade Idea: USD/CAD ? Stand aside
<p>Although the greenback did resume recent downtrend to 0.9795 today, as recent decline is losing momentum, suggesting current minor wave 5 decline would be limited to 0.9760/70 and reckon 0.9710/15 (100% projection of 1.0210-0.9889 measuring from 1.0035) would hold from here, bring correction later today or early next week.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/K1RS4AD3gK8" height="1" width="1"/>
Source: Trade Idea: USD/CAD ? Stand aside (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/K1RS4AD3gK8/)