Written by Ross Mullins
Tuesday, July 27th, 2010
Trade posted to TAP at 7:28am ET buy USDCAD at 1.0288 with scale in at 1.0260. CAD pair reaching into the bottom of a multi-month consolidation triangle. Looking for a turn and continuation of the consolidation from a support zone from the 1.0300 area down to 1.0260.
