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10/07/2007 10:27:35 AM -0700
The price action all seemed to happen
during the early Euro session.
There was not much happening during the
US session. Market is preparing
for the imminent monthly excitement -
the US Non Farm Payroll.
USD/CAD is pretty much unchanged from
yesterday after hitting the all time low
of 1.0686. I am still holding the
long position, entered at 1.0835.
MACD histogram and momentum are still
showing divergence. We'll see what
the future would bring once the US Non
Farm Payroll number is released on
Friday. This is nerve wrecking.
USD/CAD Daily Chart
click the image to see the full size
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Updated:
Sunday, October 07, 2007 10:27:35 AM -0700 |