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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on April 08, 2010, 11:10:01 am

Title: Chart of The Day: USD/CAD
Post by: pranjali on April 08, 2010, 11:10:01 am
Chart of The Day: USD/CAD
         


Price action on USD/CAD, a daily chart of which is shown, reached parity (1.0000) this week, establishing a new 20-month low in the process. After dipping slightly below parity earlier this week, price has since consolidated right around this key level. This occurs within the context of a long-term, medium-term,...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-usd%10cad-20100408110558/