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The Daily Forecaster: USDCAD

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 19, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The 1.2510 support broke but only led to losses to 1.2467 from where we have seen a solid recovery. I feel that first thing we should see these gains extend to the 1.2625-35 area but this should cap. Expect the retracement to reach the 1.2550 area (max 1.2530) following which...

    complete article here...

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