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Thread: USD/CAD

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#3002 (permalink)

07-01-2009, 03:02 AM

leithtec

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Join Date: Apr 2008

Posts: 357

leithtec is an unknown quantity at this point

USD/CAD Daily

This USD/CAD Pair appears to be topping out around the 1.1636 Price area on the 4H Chart with 12Bar William's %R confirmation ... therefore I am observing the Buying strength above 1.1598 ... as well as the Buying strength between 1.1598 and 1.1513 as this will likely be the Price area of liquidation ... anything below 1.1513 has yet to be calculated if and when breached. Brave Souls (or those with Accounts left) may want to take a small Short position on the way down.

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