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Chart Of The Day: USD/CAD

Discussion in 'Technical Analysis' started by ActionForex.com, May 4, 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, exhibited substantial bearishness in the past week that appears to be extending to the current week. After respecting a relatively new downtrend resistance line extending from the fourth test of the 1.3 high back in early March, price subsequently...

    complete article here...

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