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

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

<p>As the greenback has fallen again after brief recovery (just enough for our short entry at 0.9950), bearishness remains for a test of recent low at 0.9832, break there would confirm downtrend has resumed and extend weakness in wave (iii) for further fall to 0.9800 and eventually towards indicated downside<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/W8u_Ov3Hg7Q" height="1" width="1"/>

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