SpotEuro Forex Trading and Analysis: USD/CAD

USD/CAD - 61.8% Retracement Hit

Just a quick update, the USD/CAD hit the 61.8% retracement after the USD overnight rally. A lot of data out this week so I'll be keeping an eye on more opportunities.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

NZD	2.50%	AUD	3.25%
GBP	0.50%	USD	0.25%
CAD	0.25%	EUR	1.00%
CHF	0.25%	JPY	0.10%

SpotEuro Forex Trading and Analysis

Monday, March 30, 2009

USD/CAD - Hits 61.8% Retracement

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SpotEuro Forex Trading and Analysis

Monday, March 30, 2009

USD/CAD - Hits 61.8% Retracement

0 comments:

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