Loonie Intraday Resistance

Hi all,

We have been test driving a new car this morning and so have been having fun with that. Prior to just going out on our last cruise in the car we placed a quick short on the USDCAD pair because of a cluster and came back to make a small profit. The analysis is on the chart below for you.

The EURUSD has bounced pretty much where we had mentioned it would yesterday so we should all be in good profit on that trade since Thursday / Friday last week. We will update if we can find any signals on that pair again tomorrow.

Hope you are all enjoying the Christmas period.

Until tomorrow.


Chart courtesy of Advanced GET. Data provided by eSignal.

Forex Analysis by Javid and Anne