Multiple Time Frame Analysis suggests to buy. We are pretty much in the buyers zone.
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Price consolidation in 0.74 area. Also, The price is on the bottom of the descending channel and the triangle support. Waiting game. Only 2 options left now.
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I guess tomorrow BOC decison will wake CAD up. 10 am EST time September 5.
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0.73 is our area of interest.
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Comment:
It feels like catching-a-knife game.
Comment:
is this the catch?
Trade closed: target reached:
We can't see this trade getting to 0.75. Trade closed, target reached.