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Old 08-12-05, 01:15 PM
idejan's Avatar idejan idejan is offline
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Usdcad

Correction did not gain any momentum. It finished 2 of 3 legs and shuld now finish the 3 leg up. It will either finish this correction which them means we should get a move below recent low @ 1.1925 or it will finish the first leg of a larger degree correction of the move from 9 august @ 1.2186 High.
Either way we should see a move down, preferably a break below. If not then I'd look for good signal too close.

ID