Hello Traders!
We have a weak CAD on our hand here in the hourly chart! As you can see we have retraced up to the sellers resistance! and had a nice pull back to set us of for the sell! with divergance giving us an indication of a swing in the market! also the retrace hitting 0.5 we will see a downtrend.
Please support this analysis with your likes, follows, and comments.
Trade Away!
We have a weak CAD on our hand here in the hourly chart! As you can see we have retraced up to the sellers resistance! and had a nice pull back to set us of for the sell! with divergance giving us an indication of a swing in the market! also the retrace hitting 0.5 we will see a downtrend.
Please support this analysis with your likes, follows, and comments.
Trade Away!
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