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    #1 22-07-2010 10:44:38

    Bruno
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    Registered: 07-12-2008
    Posts: 4541
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    Technical analysis of the USD/CAD parity on July 22th, 2010

    Commentary of the USD/CAD parity :

    A correction occured on the parity and 1.0441 is back as support. This level is our key level. Above it, we advise to trade only long positions. The breakout of 1.05 will give a new buy signal. However, below this level, we advise to trade only short positions. The breakout of 1.0382 will give a new sell signal.



    http://www.tribuforex.fr/analyses/FOREX/usdcad-22072010.png



    See the previous analysis of the USD/CAD parity of July 21th, 2010

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  •  » Follow up of Tribuforex analysis
  •  » Technical analysis of the USD/CAD parity on July 22th, 2010


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