Wednesday, April 11, 2007

Canadian Dollar At Its 200 Day Average



Another up day for the Canadian Dollar. The currency closed right on its 200 day moving average. If you are long, you might want to take some partial profits here and hold the rest. I took a third of my long position off yesterday.

5 comments:

Anonymous said...

Kevin

Just wanted to give your blog and market insights credit where it is due. Your observations are very incisive and every topic is of practical use. Keep up the great work.

Kevin said...

Thanks JB

Unknown said...

Nice call on the C $!

John M said...

The C $ is up again today and some are saying it will hit $.90 USD. What do you think?

Market Trend said...

Hi Kevin, very good!
Do you think it is gonna retrace and then bounce back up the 200ma or it is gonna breakout? Thx!

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