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Usd/Cad "Bearish Structure"

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 16, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Cad has traded even lower than our wave iii) targets, discussed on Wednesday. Wave iii), however, should now be completed around the 61.8% Fibonacci support area, so at least three waves of a pull-back is expected. We will be looking for a corrective move up, near to 38.2% of a...

    complete article here...

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