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Monday, 9 July 2007

Forex Day trading system : Major bottom in USD/CAD

Posted by FX at 19:57 Monday, 9 July 2007
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Forex Day trading system : Major bottom in USD/CADThe currency pair of USD/CAD is showing major resistance at the present levels. 1st there was a very bullish candlestic on a 1 hr chart last week and now today the forex pair bounced up again from that level.What does this mean? This means that currency pair bounced from a level, tested it again and then bounced again. Remember it didn't stabalize

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