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Monday, May 28, 2012

$$$ USDCAD January Pivot has for the moment

May 28, 2012 17: 48 GMT every day bars

The USDCAD almost reached the 1/9 of 10318 Friday before turning downward. Like all the rest, weakness of the USD must be regarded as contrary trend, but the spectrum of 5 waves 9799 place suggests additional inconvenience this week. Interim support is 10190 and strengthen support 10130/50.
LEVELS: 10070 10150 10190 10310 10425 10523

eliottWaves_usd-cad_body_usdcad.png, USDCAD January Pivot Holds For Now

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