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Usd/Cad; End of Correction? Oil; Three Wave Move, or Downtrend Continuation?

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 23, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Usd/Cad made a very clear into an expected, higher wave c) leg. The market easily broke through the 1.1477 triangle high that was the key for the move into the current levels above the 38.2% retracement. We can see that market also hit the upper parallel resistance line which indicates...

    complete article here...

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