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Dynamic Trader Blog - Forex Chart Pattern Signals

Wednesday, November 22, 2006

Todays Values


Data provided by eSignal.
Above are todays values. From left to right we have the EURUSD, GBPUSD & USDCAD.
Remember to sell the rallies in a downtrend and buy on the dips. The Euro is still in a downtrend until we break the all important figure which you should all know by now.
The USDCAD pair is still try to break the 1458 resistance and although popped it's head above has not really broken it by any convincing means. The CAD indictaors also show overbought.
Sorry for not providing a post yesterday but I was busy elsewhere all day.
Good luck today.