Thursday, October 25, 2007
Rocky VI - "Never Say Brain Damage"
He's down..no he's up... he's down. The Usd has taken it's lumps over the past weeks and like a tough hardened boxer...he doesn't know when to stay down. And you thought I would say something about it being strong and never ending spirit...no just too many hits to the head to know better. So the USD/CAD has been down and up and down and up again over the past 3 days. A break and close above the .9670 mark would make me think a move back to .9710 would be very likely. Another bounce and I think we could see the break below .9620 which has acted as support at least 4 times already.
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