
05-04-2011, 06:27 AM
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ItalkCash User
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Join Date: Jan 2011
Posts: 58
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"The trend of USD/CAD is not stable"
The medium trend of USD/CAD appeared declined rhythm. In hour chart, the short-term forex price gained support on the previous low point 0.9850 and rebounded to go up. And also, the short-term forex price passed the 55 average lines.
Owing to the short-term trend of USD/CAD fluctuated frequently, and the tendency has no clear direction. Thus, the forex analyst did not suggest entering into market to do forex trading.
And it is better to watch and see.
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