TradingView
capitalpropertiesfx
Oct 3, 2014 7:15 AM

USDCAD ahead of the NFP 

U.S. Dollar/Canadian DollarFXCM

Description

Situatsion here is quite straightforward. Trend is up on weekly, daily, H4 & H1 - so long positions are clearly safer. Former resistance turned into support and as long as that holds, one should look higher.

But of course, keep in mind that during NFP anything can happen!
More