Wednesday, 24 October 2012

USD/CAD looks good for a short,  if its breaks below yesterdays low.  Note the 3 upper shadows as this pair has tried to push higher and been rejected each time.  Its also worth noting that yesterdays low is at a round number 0.9900 -  a break below could see some sharp downwards movement.

USDCAD added to watch list.




Posted by at

2 comments:

  1. Unknown24 October 2012 at 05:16

    Hi,

    the break below 9900 is waiting today's close or?

    ReplyDelete
  2. Charlie24 October 2012 at 06:40

    No. Simply waiting for the break. Yesterdays pin bar was the conformation.

    I don't actually focus on the close of bars too much. I'm more interested in where price has actually traded.

    ReplyDelete

Subscribe to: Post Comments (Atom)