Canadian Dollar Poised To Rally
Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
market’s opening. Therefore, overnight events may alter the
outcome of these observations.
March bonds
(
USH1 |
Quote |
Chart |
News |
PowerRating), mentioned Thursday night, appear to be resuming
their uptrend after recently finding support. Continue to look for a buying
opportunity here.
The March Canadian Dollar
(
CDH1 |
Quote |
Chart |
News |
PowerRating) looks poised to rally out of a pullback
from highs. Look for a buying opportunity here. Also see Carolyn’s
commentary for a more detailed analysis.Â
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Best of luck with
your trading on Monday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
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