Main Quotes Calendar Forum
flag

FX.co ★ USD/CAD Intraday Technical Analysis & Trade Recommendation December 28, 2011

parent
Forex Analysis:::2011-12-28T12:54:18

USD/CAD Intraday Technical Analysis & Trade Recommendation December 28, 2011

USD/CAD Intraday Technical Analysis & Trade Recommendation December 28, 2011

USD/CAD witnessed a strong decline in price today after consolidating sideways for many days.

Now we have breakout of the three marked channels indicating a bearish opportunity on the retest at 1.0177.

Based on the previous analysis, There's a Short opportunity on retest of 1.0177 with SL placed above 1.0210.

TP should be placed at 1.0150, 1.0115, 1.0080.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...