Monday, March 11, 2013

USDCAD Price Action: Inside bar at Resistance pushes price lower 12/03/2013

An inside bar was spotted on this pair on Friday and I did indicate that I would be going short on the pair. I am currrently about 35 pips green from my entry and I expect further bears, however, my attention remains drawn to the fakey with pin price Action Setup from the close of trading on Friday08/03/2013.

My Recommendation: I will stay bearish until about support as indicated above.

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