I'm thinking of buying UCAD, but ^0.9xx ung downside according to kuya yeahbah. here's my 0.00001 pip take on UCAD. With NFP and unemployment tonight, we'll have a better picture..
any thoughts? thanks!
looking at 4h chart, 100ma is about to cross 200ma, or so i thought and hope. Buying it @ 1.0600 seems to be a good, sl @ 1.0550 based on 20ma.
1.0600 is also @ 38.2 fibo from the low of oct 14 to the high of nov 1, 2009.
Daily Chart, i've encircled the res turned sup, if it holds, then so far so good. fstoc seems to cooperate. TP @ 1.1500 based on 200ma.
Weekly chart, res turned sup seems to be cooperative so far, and fstoc is about to rise from oversold levels. TP @ 1.1500 based on 50ma.
