USDCAD: Pressured To The Downside

Posted by

With continued downside momentum seen, USDCAD looks to break and hold below the 0.9979/27 levels. We think that zone should initially present a considerable support just as it is doing now. However, if that zone fails, its May 2008 low at 0.9818 will be targeted. Further down, support lies at

Post Title: USDCAD: Pressured To The Downside
Author: admin
Posted: 30th December 2010
Filed As: Forex, Technical Analysis
Tags:
You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply




Spam Protection by WP-SpamFree

captcha service

This blog is gravatar enabled. Get yours registered at gravatar.com