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piphunters
Jan 23, 2016 9:46 AM

USDCAD: So what now? here are some possibilities 

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD: So the game may have ended partly for the bulls, here are some possibilities which can play out.

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heading towards important trend line of the bullish structure

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long term uptrend broken, this is clearly a much deeper correction
Comments
ispas.aurel
Definitely is a long order next ..on this moment has 61.5% to go Long
Fibtree
look at the weekly candle, that thrust is absolute enough to break any line and make a deep retrace to 1.20 or lower ... Nothing has to be ofc
piphunters
will be watching the developments around 1.35 when we and if get there
HumbleTraders
I would be looking at something like this:
Piet.Hein
Totally agree, a break is not likely. Uptrend should remain uptrend for now. 1.35 looks good to buy. Good luck :)
piphunters
thanks mate
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