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Tuesday, 11 September 2012

2012.09.10 22:09:05 USD/CAD intraday: caution.

USD/CAD intraday: caution.

Update on supports and resistances.
Pivot: 0.9785

Our preference: Short positions below 0.9785 with targets @ 0.9735 &
0.9705 in extension.

Alternative scenario: Above 0.9785 look for further upside with 0.981
& 0.9835 as targets.

Comment: the RSI lacks downward momentum.

Key levels
0.9835
0.981
0.9785
0.9775 last
0.9735
0.9705
0.9675

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