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يمن فوركس | yemenforex‎

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Dec 10, 2008, 7:47:33 AM12/10/08

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Forex Trading: USD/CAD Tests Support at Trendline and Bounces Back

Posted by Basil Fayad on Wed, 12/10/2008 - 3:32am in

USDCAD

USD/CAD dipped down to the 100 Bar MA and Trendline support around 1.2500. Could be looking for a retest back up to area previous tested after a fail to break these levels around 1.300 level if USD strengthness can continue in front of USD economic data this week. A break through this massive support level could lead us to lows not seen since the end of October, 2008

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