Support and Resistance Trading Forum

Dec Canadian Dollar
By:Erich
Date: 10/15/2010, 12:46 am

What’s with all the countertrend signals lately? The Canadian Dollar is up against hard resistance and should move lower for Friday (and maybe longer), but as with all the other currencies, the CD is bullish so a little caution is in order. I'd be a seller at 9900 and grab a quickie profit on one of my two contracts at 9850.

Wish me luck!

Erich

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