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Chart Of The Day: USD/CAD

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 9, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Price action on USD/CAD, a daily chart of which is shown, has broken down decisively below its previous consolidation, continuing the downtrend in the pair that has been in place since the long-term high was reached in early March. This occurs in an environment where the U.S. dollar has been...

    complete article here...

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