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Author Topic: Chart of The Day: USD/CAD  (Read 4527 times)
pranjali
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« on: March 12, 2010, 05:26:14 pm »

Chart of The Day: USD/CAD
         


Bearish price action on USD/CAD, a daily chart of which is shown, has finally made a tentative breakdown below the key 1.0200 support level after respecting this level several times this week. FridayÂ’s (3/12/2010) breakdown of 1.0200 establishes a new 19-month low for this pair. The current bearishness puts USD/CAD...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/chart-of-the-day%3a-usd%10cad-20100312108751/
         
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