nfp news pushed index to the tl after adding more jobs We are expecting a weak usd in the coming weeks, interest rate cut on July 30may push it further down
Tomorrow news may decide the direction of cadchf News are at 12:30hours GMT
Waiting for price to reach at the trendline which is my critical point to make decision price may bounce back to to 1437 resistance or fall back to 1382 support
break and retest of the downward trendline gap filled, now starting with the upward trend reversal pattern ( 3 white soldiers price is bouncing off a minor zone
price needs to complete correction before moving further downwards
price is now consolidating at the support, i expect a correction move upwards to 1.32374 to complete wave. then price move further downwards (wave 5 ). the supporting factors include. price will have retested a minor trendline wave 5 downward momentum of the price at higher tf