proacttraders's Commentaries

Sep 8 2010

$USDCAD Breakdown

BOC set to announce on a rate change.  The technicals show a strong break from the .786 retracement.  Follow through should carry the UC to the double bottom @ 1.0340 with further targets at the 1.0300-1.0278 area

USDCAD.jpg



Tags: usdcad | currency-market-updates | currencies
More Commentaries by this author

Help Us Rate This Content!


Overall Rating: Average rating is: 0 stars.

Comments

Sign in or Join now to leave aComment and/or rate this content!