TRADING CENTRAL's FX OPTIONS TREND OPINIONS
11:18 GMT - 07:18 NYT - Tuesday, August 2, 2010

Canadian dollar Trading OUTLOOK
CDD (USD/CAD): further USD weakness expected

Pivot: 105
Our forecast: Down move towards 101.40 or even 99.50.
Comment: The pair and its daily RSI are capped by declining trend lines.


To leverage our Trend Opinion on Canadian dollar, we can use different options :

1. Buy CDD Sep 10 102.5 PUT
1. Buy CDD Sep 10 104 PUT
1. Buy CDD Oct 10 102 PUT

Click here to view supporting charts and data for our trade alert:
http://www.fxoptions.com/Site/NewTrendOpinions.aspx