30 March 2011

30.03.2011

Usdcad is trading at 0.9720. It is intraday support for this pair. It is also completing bullish bat pattern (one i mentioned few days ago: http://forexoholic.blogspot.com/2011/03/24032011.html)


Euro index trading at 110.77 and approaching supply level. Expecting a correction on the Euro crosses soon.


This week we have Non-Farm Payrolls (http://www.marketwatch.com/story/signs-pointing-to-decent-payrolls-growth-2011-03-27), market will be rather violative so caution is advised.

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