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The Daily Forecaster: USDCAD

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 2, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Very clearly price broke lower and this generated losses through 1.0445 and to just below the 1.0415 low. This appears to imply that we still have one more leg to go below 1.0398 to reach 1.0343 and possibly 1.0317 - and I favor the lower target. It is around here...

    complete article here...

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