|
|
|
Forum Guru
 
Group: Administrators
Last Login: 8/25/2010 9:38:53 AM
Posts: 69,
Visits: 35
|
|
TRADING CENTRAL's FX OPTIONS TRADE ALERT
Canadian Dollar Trading OUTLOOK
15:01 GMT - 11:01 NYT - Thursday, August 12, 2010
CDD (USD/CAD): new USD weakness expected
Pivot: 106
Our forecast: Down move towards 103 or even 101.30.
Comment: The pair and its daily RSI should strike against their declining trend lines.
To leverage our Trend Opinion on Canadian Dollar, we selected the following strategy.
Buy CDD Sep 10 104.5 PUT
Click here to view supporting charts and data for our trade alert:
http://www.fxoptions.com/Site/NewTradeAlerts.aspx
|
|