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

 @ibtimes
on February 03 2010 4:58 AM

Since the exit of the channel, the bearish mouvement continues. Currenlty, the price is testing its support at 1.0552. The break out of this level will give a new sell signal. We maintain to trade only short positions as far as 1.0620 is resistance.

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