View Single Post
  #1 (permalink)  
Old 08-27-08, 09:15 PM
ActionForex.com's Avatar
ActionForex.com ActionForex.com is offline
contributing website
 
Join Date: Dec 2007
Posts: 1,234
Lightbulb Chart Of The Day: USD/CAD

Long-term price action on USD/CAD (a daily chart of which is shown) has come down decisively off the significant downtrend line (in red) that has served as resistance for at least 5 years. After retreating from this resistance line last week, price has gradually descended from the swing high. Going...

complete article here...
Reply With Quote