KeyserSoze

WHAT YOU MISSED - USD/CAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
Here we see the USD/CAD             being pulled back against that 1.30 mark. The CAD has kept up nicely against the USD almost soully due to that 27% oil             jump in late august - even though is was short lived.

Support and resistance levels wave between low 1.33 to 1.40 as expected, giving us an optimistic look at the near term volatility .

Even though its a tempting time to take up a position, oil             volatility is the straw that broke the camels back for me as there is no way to guess whats to come for this elusive commodity - CAD is simply to exposed to oil             prices. We will wait to see what is to come of this weeks inventory spending report.

Suggestion: GET OUT OF DODGE!
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