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USDCAD: Short USDCAD

Yesterday night the USDCAD started to trade in a bearish market condition and earlier today it gave me a signal to go short:

USDCAD

USDCAD

It looks ok now, it is also trading below every important level in the short term charts, indicating a very strong downtrend in the USDCAD

Trade Safe!
Raul Lopez

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This entry was posted on Thursday, February 11th, 2010 at 6:07 pm and is filed under Technical. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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