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Chart Of The Day: USD/CAD

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 28, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Price action on USD/CAD, a daily chart of which is shown, is currently consolidating just below a key downtrend resistance line extending from the fourth test of the 1.3 area high back in early March. Any breakout to the upside of this trendline with follow-through momentum should target key resistance...

    complete article here...

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