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Chart Of The Day: USD/CAD

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 18, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Consolidating price action on the USD/CAD daily chart, as shown, has hit and bounced down off significant resistance within the past week. This resistance is comprised of both the horizontal support/resistance level (represented on the chart in yellow) and the uptrend line (in green) that was broken down back in...

    complete article here...

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