USD/CAD is in a long term downtrend, and it has found some resistance on the hourly chart on the 1.0600 figure. Also showing overbought on the hourly RSI. Shorting here with a stop above the recent highs.
Wednesday, July 11, 2007
USD/CAD Short @1.0585
USD/CAD is in a long term downtrend, and it has found some resistance on the hourly chart on the 1.0600 figure. Also showing overbought on the hourly RSI. Shorting here with a stop above the recent highs.
