Tuesday, May 27, 2014

Trade Idea: USD/CAD - Stand aside

The intra-day breach of indicated support at 1.0850 dampened our near term bullishness and a retest of support at 1.0814 would be seen, break there would signal the c leg of wave iv is still in progress and extend the decline from 1.1279 (wave iii top) for a stronger correction



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