USD/CAD analysis of the week (4h candlesticks)

By ForexTribe
09 February 2010 @ 05:12 am EDT

1.0746 has not been broken. We moved the resistance at 1.0760 (which seems more accurate). Although a correction occured at this time, we maintain to trade only long positions as far as the parity is moving into its channel. The break out of 1.0760 will give a new buy signal.



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