Tuesday, December 1, 2009

USD/CAD, long 1.046

Long U/CAD, 1.046, stops 1.044, TP set at 1.0535

TL, S&R and 61% fib from Oct 15 lows to Nov 2 highs.

A break of 1.04 = resumption of downtrend...but I'm not so sure it's ready to do that yet.

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