| Re: Market Direction Hi interesting elliott wave analysis,(correct me if im wrong)
But why all the waves when pure and simple support and resistance shows the same and until these levels are broken none of us will no the direction.
USDCAD
Monthly
we have major support going back to the year 1991 at 1.1187 .
Resistance at 1.2763.
Weekly
Support at 1.1716
Resistance 1.2747
Daily
At support now
Resistance 1.2221
regards
Last edited by pmha; 08-25-05 at 06:28 PM.
Reason: missed part of message off
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