07 January 2010

USD/CAD : Short

  • Fresh short at 1.0330
  • Monthly : Downtrend remains in place. Spike bottom at 1.0204 acting like a magnet now.
  • Weekly : Have to regard DownTL break as false. Broken below an earlier congestion band.
  • Daily : Large triangle evident. Break below a short signal.
  • [Addendum 12Jan10 : Added short at 1.0398]

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