New York time: 00:00:00
Local time: 00:00:00
Newsletter RSS 

USDCAD: Top In Place At 1.0056

Top



Nov 21 2012

USDCAD extended lower in this week after Fridays high, and now showing even more signs that top is in place at 1.0056. In fact, intra-day decline from the high is looking impulsive, sharp move in the short period of time that indicates a change in trend for a minimum three wave fall. If we are correct, then current minor recovery represents temporary pull-back that must not move above 1.0056 invalidation level.

usdcad650
 
 

Newsletter archive