» USD/CAD - US Dollar Canadian Dollar, American Session - 26/03/08

USD/CAD - US Dollar Canadian Dollar, American Session - 26/03/08

1,0147. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,0200 - 1,0230
Supports
1,0130 - 1,0100

Arnaud Jeulin

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This entry was posted on Wednesday, March 26th, 2008 at 15:33 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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