Friday, November 23, 2012

GBPCAD Short Trade GBPCAD Short Trade
A short trade is coming up in GBPCAD on touch of resistance area. 

Price is about to touch a horizontal resistance area which has restrained price since 13-Nov. This horizontal area comes around 1.5925/30. 

Price looks rangy and I am looking to go short. 200EMA & 100EMA comes around 1.5875 & 1.5880.  

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