Saturday, 27 March 2010

Gbp/Cad

Looking to sell on break and close below the hrly 200ema add on break n close under the hrly 200 lwma. tgts will be fibs for now. Stop 1.5370 initially. Short at 1.5319 with stop lowered to entry. Hrly 200 lwma has proved a little tough to break but indicators  are bearish on this pair. Under the hourly 100 ema  we will see  a  better strength downward push.

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