Monday, July 13, 2009

It's a slow night on the EUR/USD front...

..however, USD/CAD is hinting at a couple of opportunities.

Forget 1.1475 that was posted earlier, that figure is now out of the window.

We have a stronger previous S&R figure @ 1.145. No fib confluence.

Next, we have 1.135, which does work with a 38% fib retracement.

See attachment below.

Photobucket

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