- Monthly and Weekly : Negative.
- Daily : Short squeeze from 1.0059 up to 1.0302 seems to be it now. In process of turning back down and resuming downtrend.
- Increased short USD/CAD position at 1.0194.
- [Patiently waiting for same kind of price action in GBP/USD daily chart before further action]
30 March 2010
USD/CAD : Squeeze Over and Downtrend Resumption
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2 comments:
Typo? Shouldn't it be 1.0194?
Yes indeed. Sorry. Amended now.
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