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Thursday, 19 July 2012

2012.07.19 02:21:16 USD/CAD intraday: the downside prevails.

USD/CAD intraday: the downside prevails.

Update on supports and resistances.
Pivot: 1.015

Our preference: Short positions below 1.015 with targets @ 1.006 &
1.0025 in extension.

Alternative scenario: Above 1.015 look for further upside with 1.017 &
1.02 as targets.

Comment: the RSI calls for a slump.

Key levels
1.02
1.017
1.015
1.00949 last
1.006
1.0025
1


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