FX Options trend opinions are independently created and distributed by Trading Central. ISE is not involved in the creation or distribution of FX Options trend opinions, the views and recommendations expressed below are solely those of Trading Central and not those of ISE, and ISE is not affiliated with Trading Central.
   
ISE Canadian Dollar OUTLOOK  
  CDD (USD/AUD on ISE): further USD consolidation expected.   12:48 GMT - 08:48 NYT - July 28, 2009
Pivot :   113.00  
Our forecast :   Down move towards 103.50 or even 100.00.  
Comment : The pair is reversing down from a key rising trend line (former support which is acting now as a resistance). Moreover, the daily RSI is capped by a bearish trend line. A slight corrective recovery cannot be ruled out but the 113.00 resistance area maintains downward pressure.
 
    
  To leverage our Trend Opinion on the ISE Canadian Dollar we can use different options :
  Option Strategy
  Type PUT
  Option Strategy LONG
  Strike 107.5
  Maturity Aug 09
  Option Ticker CNJTO
  Option Market ISE EXCHANGE
 

  Option Strategy
  Type PUT
  Option Strategy LONG
  Strike 107.5
  Maturity Sep 09
  Option Ticker CNJUO
  Option Market ISE EXCHANGE
 

  Option Strategy
  Type PUT
  Option Strategy LONG
  Strike 107
  Maturity Sep 09
  Option Ticker CNJUN
  Option Market ISE EXCHANGE
 

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