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- ForexSecrets replied Apr 2, 2010
Well, a limit order was missed by couple pips... but shorting at 1.0120 handle would work well. The pair bounced back from the resistance at 1.0080 level. Now, my plan for next week is to short USDCAD when it breaks the trendline around 1.0100 ...
- ForexSecrets replied Apr 2, 2010
I'm looking to short USDCAD around the 1.0130 - 40 area; it may though fall down before that, but I'd like to be safe at this moment. My SL will be just above 1.0150, which is Weekly low and whole number! Just my plan, IMO. JL
- ForexSecrets replied Mar 22, 2010
It appears now that if USDCAD manages to break 1.0157 level, it will slide down and find support at 1.0106 (fib level from last Friday's rally). Once that level gets broken, then it could find support at 1.0070, which has being strong support twice ...
- ForexSecrets replied Mar 20, 2010
USDCAD to test parity — Starting next week I will look for shorting opportunities on USDCAD, this pair may go down to 1.0000 ... will see. JL
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