Tuesday, June 17, 2008

USD/CAD

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Signs of going up. Based On MacD on 1hrs chart, cross over is being shown to the upside direction.
RSI indicators are heading down. EMA stats that uptrend is coming up till 1.0275 (my view that it will go up till)

As usual always have a S/L in every trade.
I'll be taking a long 1.0190. Stop loss is at 1.0150.

Edit: Book 15 Pips Profit.
It is going down for now but not for long. Key support is 1.0150.
Laterz

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