ISE FX Canadian Dollar intraday: rebound.

By IBTimes Staff Reporter | February 04 2009 8:21 PM

R3 : 130R2 : 127.5R1 : 123.4L : 119.1P: 116S1 : 116S2 : 113.15S3 : 108.4Update on supports and resistances.Pivot: 116Our preference: Long positions above 116 with targets @ 123.4 & 127.5 in extension.Alternative scenario: Below 116 look for further downside with 113.15 & 108.4 as targets.Comment: the RSI is negative but supported by a strong support.

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