Buy USD/ CAD – Book profits at 1.0240

Quotes with Resistance & Support

Market Information

Posted on: July 11th, 2012 at 8:22 am

USD/ CAD has good support at 1.0207. Can enter at cmp: 1.0213 for a target of 1.0240. Stoploss: 1.0190

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Comment pages: 12 3 Show all

Shiva Says:
July 11th, 2012
Posted at: 11:51 am
support at 1.0207 broken ?.
Sohan Says:
July 11th, 2012
Posted at: 3:47 pm
Hi Shiva, there is more support at 1017 levels.
Could see a bounce from here.
If price stays above 1065 then could see 10360 in few weeks.
This is just my opinion, please not all my trades have been good.
But I have noticed that if you keep trades overnight you can go from plus 60% to minus 100 % in few hours of time. I have lost only because i cannot follow trades in the night.
CB can make more precise comments.
Sohan
Sohan Says:
July 11th, 2012
Posted at: 3:50 pm
Hi Sohan, Correction, if price stays above 10165 then could see 10360.
I am also Checking charts on DailyFX
Sohan
CB Says:
July 11th, 2012
Posted at: 4:41 pm
Hi Shiva, yes. some nervousness before the US data. continue to hold it
Hi Sohan, yes. that is true. this one is a hold for now