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» » Trading Central USD/CAD 12/10/2011

Trading Central USD/CAD 12/10/2011

Wednesday, October 12, 2011

12.10.2011 11:45 GMT+1 - USD/CAD intraday: the downside prevails.

Pivot: 1.025
Our preference: Short positions below 1.025 with targets @ 1.014 & 1.0115 in extension.
Alternative scenario: Above 1.025 look for further upside with 1.0285 & 1.0325 as targets.
Comment: the break below the support at 1.025 triggered a downward acceleration to 1.0115.

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