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Forex Trading: Another USD pair (USD/CAD) consolidating but not as many bids found due to the price and volatility of Oil...

Posted by Michael FX on Thu, 05/15/2008 - 5:32am in

Another USD pair (USD/CAD) consolidating but not as many bids found due to the price and volatility of Oil. Stochastics are positively converged though it's not looking particularly strong at this point. Keep an eye out for either side of the consolidation pattern for strategic entry/exit points.