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Old 08-25-05, 06:27 PM
pmha's Avatar pmha pmha is offline
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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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