Trade Idea: USD/CAD ? Exit short entered at 0.9950

Trade Idea: USD/CAD ? Exit short entered at 0.9950

<p>Although intra-day breach of indicated support at 0.9832 confirms our view for a resumption of recent decline and price fell to as low as 0.9816, lack of follow through selling suggests downside is likely to be limited to 0.9800 and risk has increased for a minor correction later. Above intra-day<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/xVWsZo-Qkgs" height="1" width="1"/>

Source: Trade Idea: USD/CAD ? Exit short entered at 0.9950