No change in view. Finally Canadian dollar has reached our expected support level and we have initiated a buy position at the intended 1.1310. For now we would expect a direct rally to be seen from current level towards 1.1450 min. So prefer holding our buy position for the above said target to be reached. Amend stop to entry on break above 1.1340.
Hold buy @ 1.1310 for 1.1440, with stop below 1.1280.
By N. Rajesh Kumar,
Forex Leads,
Email:
rajesh@forexleads.com ,
# 3 G-1 Ambal Flats,
Sathyavathi Nagar,
Padi Chennai 600050,
Phone: + 91 44 26549159
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