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

  @ibtimes on December 24 2009 3:53 AM

The sell signal has been given by the exit of the bullish channel and then 1.05 has been broken too. The objective is at 1.0450. The break out of this level will give a new sell signal. We will advise to keep short positions as far as the parity is moving into its bearish channel. If an exit occur, we will stay neutral on the first time.

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