Saturday, 17 September 2011

Usd/Cad 4Hrly SHS

 SHS - Head and Shoulder pattern on the 4hrly timeframe.  Usd/Cad has now broken under strong support at 0.9829 after breaking the SHS neckline at 0.9852 and has been in a sideways consolidation pattern under that resistance for the past day. The measured move would target 0.9667.

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