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Thread: USD/CAD

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#1507 (permalink)

07-22-2008, 09:12 AM

leithtec

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Join Date: Apr 2008

Posts: 480

leithtec is an unknown quantity at this point

USD/CAD Reversals

Overall obligation leans to the downside this Week. Looking for the Low into Friday's close ... unless today (tues. 24th) breaks above 1.0084 only to initiate fresh secondary buying. Equilibrium is coming in at 1.0072 ... so a Short sale to the downside brings greater reward/risk if proven correct.

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