Wednesday, December 3, 2008

USDCAD (1.2548)

USDCAD is moving nicely and smothly in its upward trend and at the moment is looking to target 1.2750 level.

Currently a good buy can be seen at 1.2390 for intial target at 1.2600 level which most traders will look to extend to 1.2728 level.




Recommended Trade Levels
Trade 1: Buy USD @ 1.2390
Trade 2: Buy USD @ 1.2220
Profit Target 1: 1.2600
Profit Target 2: 1.2728