09 September 2014

USD/CAD : Long @ 1.0993

  • Would appear to be resumption of upmove on all time frames. Retracement (down) over confirmed by the taking out of previous high on daily chart.
  • Fresh long initiated at 1.0993. Increase if we close above 1.1100 tonight. Abandon if this turns out to be top of a trading range.
  • Trade consistent with general buy USD environment.
  • Heading towards 1.1277.

3 comments:

Taichiseal said...

+1.1030

Taichiseal said...

Partial profits taken -1.1093

Taichiseal said...

Re-established +1.0940