monthly : bearish
Weekly: bearish
Daily:
Confluences:
1. Key area
2. 0.5 fib
3. tweezer top
4.Trading with the trend
5.Deceleration
Intrady price action:
Looking bearish, with a forming H& on the 4H & 1H, along
with clear bearish divergence on the 1H
>>>Wait for neckline to be broken
Fundamental overview: The BOC needs the CAD to be low to
remain competitive , and it seems that the they are not going to
raise interest or anything like that.
Will japan do anything to stop its currency from appreciating??
YEN is going up atm: safe haven
Weekly: bearish
Daily:
Confluences:
1. Key area
2. 0.5 fib
3. tweezer top
4.Trading with the trend
5.Deceleration
Intrady price action:
Looking bearish, with a forming H& on the 4H & 1H, along
with clear bearish divergence on the 1H
>>>Wait for neckline to be broken
Fundamental overview: The BOC needs the CAD to be low to
remain competitive , and it seems that the they are not going to
raise interest or anything like that.
Will japan do anything to stop its currency from appreciating??
YEN is going up atm: safe haven