USD CAD 22 July 2010
Tweet
The market is still downward especially on GBP JPY, EUR JPY – my favorite pair which I rarely mentioned in this blog 
By the way, last night at 2.10 am.. there was a massive downward at those pairs (and other pairs as well).
Here is USD CAD, bearish divergence on 1 hour timeframe and 30 minutes timeframe I spot this morning. Already short but there is still not that big movement. Support is at 23% fibo.. I don’t expect it will go down beyond that as I want USD to be stronger.
Hope we are green. This is only for scalping.
[...] KELHOME » Blog Archive » USD CAD 22 July 2010 Here is USD CAD, bearish divergence on 1 hour timeframe and 30 minutes timeframe I spot this morning. Already short but there is still not that big movement. Support is at 23% fibo.. I don’t expect it will go down beyond that as I want … View full post on USD/CAD – Google Blog Search [...]
[...] only a correction for short term only. Just wait and see, at this time I already close my short on USD CAD today. Banked about 67 pips. And now, at the time I write this post, there is a bearish divergence [...]
[...] Yesterday, I expected that USD CAD should not break 23% fibonacci retracement. Yep, not breakout. So, I expect a bounce up due to double bottom. But, after a while..it seem like a triangle in formation. Thus, the strong support is at 1.0349. If the price break that support, then I think the triangle is invalid. [...]