6-28-08
6:28a GMT – Shorts remain my favorites for the USD/CAD pair as it traces down from its 1.03 monthly high to its range bottom. Concerns are a possible bullish divergence in the 4 hour RSI charts.
Trading Idea: In the short to mid-term shorts at 1.0125 should hold for a test of 1.0080 and 1.0025. If resistance is broken at 1.0135 look for test of 1.0190 on the upside.
Click here to receive my free forex signals via email
Click here for more info on how to use my free forex signals
Click here to learn how much you can earn with our Forex Income Calculator
Click here to see recent Technical Analysis posts
Click here to see recent Free Forex Signals (signals that I trade and are performance tracked)



