Posted by
Mike on Wednesday, July 12, 2006 3:02:26 AM
The USD/CAD just made the 3rd wave on an up move. The last and
5th wave could possibly ride up to a resistance level.
Going long....
Entry at 1.1344
Limit at 1.1387
Stop loss at 1.1316
The spike in the USD/CAD came after the Bank of Canada postponed raising interest rates. An article can be found
here commenting on the news.