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Chart Of The Day: USD/CAD

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 4, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    As noted on a previous Chart of the Day a week ago, price on the USD/CAD daily chart, as shown, was on the brink of breaking out above a long-term downtrend resistance line (in red). Price subsequently ended up breaking above this line and has now reached major resistance around...

    complete article here...

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